Zip 97501 (Medford, OR) Housing

The housing market in 97501 Medford, OR is significantly lower than the national median value of $338,100. In Medford, the median value of a home is $356,500. While real estate prices across the country have seen an appreciation rate of 8.27%, in Medford this rate was 3.82% over the past year. Despite the slightly lower appreciation rate, homes in Medford are still a great long-term investment that can provide potential homeowners with a great opportunity to build their wealth and secure their future financial stability.

The median home cost in Medford (zip 97501) is $356,500. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Medford (zip 97501) is up 8.5%.

Average Age of Homes

- The median age of Medford (zip 97501) real estate is 42 years old

The Rental Market in Medford (zip 97501)

- Renters make up 42.9% of the Medford (zip 97501) population
- 0.9% of houses and apartments in Medford (zip 97501), 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
	19,876.0	139,647,020.0
	45	42
	$356,500	$338,100
	8.5%	16.6%
	52.9%	57.0%
	129.8%	101.1%
	$8.76	$10.98
	$2,156	$2,690
	51.0%	57.4%
	5.1%	11.2%
	43.9%	31.4%
Vacant Housing
	0.9%	1.9%
	0.1%	0.4%
	0.6%	0.7%
	0.1%	0.4%
	0.5%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	6.0%	2.6%
	7.0%	2.4%
	4.7%	2.8%
	2.7%	3.9%
	0.9%	4.5%
	3.8%	11.3%
	8.6%	13.0%
	29.8%	20.1%
	21.3%	13.6%
	5.8%	8.3%
	6.7%	9.7%
	0.3%	3.9%
	1.4%	2.2%
	0.6%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.0%	13.6%
	15.0%	13.6%
	15.8%	13.6%
	5.9%	13.2%
	16.0%	14.8%
	15.8%	13.6%
	9.2%	10.0%
	8.0%	4.7%
	12.1%	12.2%

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