Housing in Medford Metro Area, Oregon

The median home cost in Medford Metro Area is $302,000. Home appreciation the last 10 years has been 27.9%. Home Appreciation in Medford Metro Area is up 6.2%. Browse Medford Metro Area Real Estate

Average Age of Homes

- The median age of Medford Metro Area real estate is 31 years old

The Rental Market in Medford Metro Area

- Renters make up 34.1% of the Medford Metro Area population
- 1.1% of houses and apartments in Medford Metro Area, are available to rent

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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.

HOUSING	Medford, Oregon	United States
Median Home Age	35	40
Median Home Cost	$302,000	$231,200
Home Appr. Last 12 months	6.2%	6.7%
Home Appr. Last 5 yrs.	49.3%	35.6%
Home Appr. Last 10 yrs.	27.9%	27.4%
Property Tax Rate	$9.76	$11.78
Property Taxes Paid	$2,948	$2,724
Homes Owned	57.9%	56.0%
Housing Vacant	8.0%	12.2%
Homes Rented	34.1%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,560	$1,470
Studio Apartment	$692	$821
1 Bedroom Home or Apartment	$747	$930
2 Bedroom Home or Apartment	$988	$1,148
3 Bedroom Home or Apartment	$1,429	$1,537
4 Bedroom Home or Apartment	$1,735	$1,791
VACANT HOUSING
Vacant For Rent	1.1%	2.1%
Vacant Rented	0.3%	0.5%
Vacant For Sale	0.9%	1.0%
Vacant Sold	0.4%	0.5%
Vacant Vacation	2.3%	4.0%
Vacant Other	3.0%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	6.8%	3.5%
$20,000 to $39,999	3.9%	3.1%
$40,000 to $59,999	2.4%	3.9%
$60,000 to $79,999	1.3%	5.4%
$80,000 to $99,999	1.8%	6.3%
$100,000 to $149,999	7.6%	14.7%
$150,000 to $199,999	14.6%	14.6%
$200,000 to $299,999	27.5%	18.7%
$300,000 to $399,999	15.4%	11.0%
$400,000 to $499,999	7.5%	6.2%
$500,000 to $749,999	7.5%	7.0%
$750,000 to $999,999	1.9%	2.7%
$1,000,000 to $1,499,999	1.1%	1.5%
$1,500,000 to $1,999,999	0.2%	0.5%
$2,000,000 and over	0.4%	0.7%