Zip 97504 (Medford, OR) Housing

Housing in 97504 Medford, OR has a median value of $434,900, which is significantly higher than the US median house value of $338,100. Over the last year, house appreciation was 8.27% nationally, whereas in 97504 Medford it was 3.82%. This suggests that housing prices in 97504 Medford are not increasing as quickly as other areas of the country, however it is still an attractive area to invest in due to its higher median value compared to the nation's average.

The median home cost in Medford (zip 97504) is $434,900. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Medford (zip 97504) is up 8.5%.

Average Age of Homes

- The median age of Medford (zip 97504) real estate is 34 years old

The Rental Market in Medford (zip 97504)

- Renters make up 39.9% of the Medford (zip 97504) population
- 1.1% of houses and apartments in Medford (zip 97504), 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
	20,674.0	139,647,020.0
	37	42
	$434,900	$338,100
	8.5%	16.6%
	52.9%	57.0%
	129.8%	101.1%
	$9.71	$10.98
	$3,427	$2,690
	58.8%	57.4%
	4.3%	11.2%
	36.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.1%	0.4%
	0.7%	0.7%
	0.7%	0.4%
	0.4%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.2%	2.4%
	0.0%	2.8%
	0.1%	3.9%
	0.3%	4.5%
	2.9%	11.3%
	4.5%	13.0%
	25.6%	20.1%
	30.5%	13.6%
	18.7%	8.3%
	11.7%	9.7%
	3.7%	3.9%
	0.7%	2.2%
	0.1%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	20.7%	13.6%
	14.6%	13.2%
	20.4%	14.8%
	20.7%	13.6%
	7.8%	10.0%
	2.9%	4.7%
	4.3%	12.2%

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