Housing in Medford, OK is currently valued at a median of $78,100, which is significantly lower than the US median of $338,100. The US has seen an 8.27% appreciation in housing over the course of one year but Medford has only seen a 1.16% appreciation rate. Despite the low appreciation rate, it is still an attractive option for people looking for affordable housing and those who are looking to invest in an area with a large potential for growth.
The median home cost in Medford is $78,100. Home appreciation the last 10 years has been 41.1%. Home Appreciation in Medford is up 4.7%.
Average Age of Homes
- The median age of Medford real estate is 54 years old
The Rental Market in Medford
- Renters make up 21.9% of the Medford population
- 1.7% of houses and apartments in Medford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.