Home Values

Medford Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$204,200

  • 8.3% 1-year change
  • 4.5% 1-year forecast

The median home value in Medford is $204,200. Medford home values have gone up 8.3% over the past year and Zillow predicts they will rise 4.5% within the next year. The median rent price in Medford is $775, which is lower than the Medford Metro median of $925.

Foreclosures will be a factor impacting home values in the next several years. In Medford 5.0 homes are foreclosed (per 10,000). This is lower than the Medford Metro value of 5.2 and also greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Medford is 8.1%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Medford homeowners underwater on their mortgage is 19.6%, which is higher than Medford Metro at 17.8%.

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Relative ZHVI
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Medford Market Overview

Data through May 31, 2015
  • $204,200 ZHVI
  • 4.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $215,215 Median sale price
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Medford Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 19.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 8.1% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5 Medford
5 Medford Metro
4 United States
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Nearby Cities

Name Median ZHVI
Ashland $334,600
Jacksonville $315,700
Eagle Point $207,600
Name Median ZHVI
Shady Cove $194,000
Talent $190,800
Phoenix $181,400
Name Median ZHVI
Central Point $177,200
Rogue River $162,200
White City $136,600

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $136 Median sale price / sq ft
  • No data Listings with price cut
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Medford Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,222 Medford
    $1,281 Medford Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $775 Rent list price
  • $0.77 Rent list price / sq ft
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