Sep 2026
$451K
+3.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Medford, OR housing market
Medford, OR metro median sale price $451K in Sep 2026, up 3.9% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Medford, OR metro is $451K as of Sep 2026, up 3.9% from a year earlier. The gain is larger than in most of the 193 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows the same change through Q2 2026.
Medford has the lowest median sale price of the five Oregon metros Pecan Street tracks ($451K); Salem ($463K) is next. On median days on market, Medford (70 days) ranks 2nd of the five Oregon metros, between Bend (86 days) and Portland (66 days). On share of listings with a price cut, Medford (33%) ranks 4th of the five Oregon metros, between Salem (49%) and Bend (30%).
Listings spent a median 70 days on market in Sep 2026, more than in most of the 195 metros. 33% of active listings carry a price cut, 9.4 points fewer than a year earlier. That share is lower than in most of the 195 metros. Building permits authorized 42 new housing units in Aug 2026.
At the 7.38% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,492 a month; at 28% of gross income, that takes about $107K a year. The median sale price equals about 18 years of HUD Fair Market Rent, a ratio up 3.8% from a year earlier. That ratio is higher than in most of the 193 metros. Active listings ask a median $280 per square foot, down 1.9% from a year earlier.
In seven of the 11 ZIP codes in the table below, median list prices are lower than a year earlier; four are higher.
Headline
Oct 14, 2026
7.38%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,492/mo
$107K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Medford compares to other U.S. metros
| Days on market | ↑40th of 195 (top 21%) |
|---|---|
| Price-to-rent | ↑47th of 193 (top 25%) |
| Price cuts | ↓136th of 195 |
| Home-price growth | ↑65th of 193 (top 34%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 18 +3.8% YoY ↑47th of 193 (top 25%) |
|---|---|
| Asking price / sq ft | $280 -1.9% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 33% -9.4 pts YoY ↓136th of 195 |
|---|---|
| New housing units permitted | 42 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 11 shown of 15 |
|---|---|
| MLS board of record | Southern Oregon MLS |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.0ppRedfin (metro) +3.9% | FHFA HPI · Q2 2026 +3.9% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in OR
Track Medford, OR with Pecan Street
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 97501 | $396K↓ | 142↑ | 44↓ | 70↑ | 59↑ | $368K↑ |
| 97502 | $478K↓ | 108↑ | 34↓ | 24↓ | 47↓ | $421K↑ |
| 97503 | $365K↓ | 56↑ | 28↑ | 16↑ | 53↓ | $354K↑ |
| 97504 | $525K↑ | 297↑ | 70↑ | 102↑ | 71↑ | $447K↑ |
| 97520 | $650K↑ | 206↑ | 42 | 78↑ | 76↓ | $553K↑ |
| 97524 | $575K↑ | 116↑ | 16↓ | 34↓ | 85↑ | $475K↑ |
| 97525 | $503K↓ | 33↑ | 2↑ | 10↓ | 70↓ | $454K↑ |
| 97530 | $775K↓ | 91↑ | 16↑ | 26↓ | 84↓ | $609K↑ |
| 97537 | $572K↓ | 57↑ | 12↑ | 20↑ | 77↓ | $477K↑ |
| 97539 | $610K↑ | 29↑ | 4↑ | 8↓ | 68↓ | $418K↓ |
| 97540 | $495K↓ | 33↑ | 6↑ | 12↑ | 78↓ | $442K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.