Medford Metro Area, OR Housing

The housing market in the Medford, OR Metro Area is thriving with a median value of $397,600. This is slightly higher than the US House Median Value of $338,100. The US House Appreciation rate for one year is 8.27%, whereas the House Appreciation rate in the Medford, OR Metro Area for one year stands at 8.40%. This indicates a healthy and thriving housing market in this area that is appreciating at a rate slightly higher than the national rate.

The median home cost in Medford Metro Area is $397,600. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Medford Metro Area is up 8.5%.

Average Age of Homes

- The median age of Medford Metro Area real estate is 35 years old

The Rental Market in Medford Metro Area

- Renters make up 34.1% of the Medford Metro Area population
- 0.7% of houses and apartments in Medford Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Medford, Oregon	United States
	95,599.0	139,647,020.0
	38	42
	$397,600	$338,100
	8.5%	16.6%
	52.9%	57.0%
	129.8%	101.1%
	$8.58	$10.98
	$2,765	$2,690
	60.5%	57.4%
	6.4%	11.2%
	33.1%	31.4%
Vacant Housing
	0.7%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	2.0%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	2.9%	2.4%
	2.0%	2.8%
	1.2%	3.9%
	1.0%	4.5%
	3.4%	11.3%
	6.2%	13.0%
	24.0%	20.1%
	23.0%	13.6%
	13.2%	8.3%
	13.0%	9.7%
	3.1%	3.9%
	1.9%	2.2%
	0.3%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	16.4%	13.6%
	16.4%	13.6%
	18.4%	13.6%
	11.5%	13.2%
	18.1%	14.8%
	18.4%	13.6%
	7.0%	10.0%
	4.7%	4.7%
	6.9%	12.2%

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