Market Intelligence · OR / Medford

Medford, OR 97501 Housing Market

The typical home value in Medford, OR 97501 is $362,561, with no year-over-year change. The median list price sits at $396,450, and homes are spending a median of 59 days on market.

Updated September 2026Median value$363K

The median home value in Medford, OR 97501 is $363K as of September 2026, little changed year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 97501 range

$334K to $392K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.0% over 12 months

Sep 2025$363K

Low $362KHigh $364K

Sep 2026$363K

The numbers

What is the 97501 housing market like?

As of September 2026

Typical home value

$363K

0.0%YoY

Median list price

$396K

0.9%MoM

Days on market

5.4%MoM

Homes for sale

142

0.0%MoM

Price cuts

26.3%

25.0%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

97501 housing market forecast 2027

-0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97501 to fall 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 97501 held essentially flat, per the Zillow Home Value Index.

Will home prices drop in 97501?

Zillow's forecast says they may: it expects typical home values in 97501 to fall 0.5% by September 2027, after a flat past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 97501 home prices compare?

97501$362,561
Medford$401,742
Oregon$456,438
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Medford: 2 ZIPs; Oregon: 339 ZIPs; United States: 26,262 ZIPs).

Context

Medford's housing market is showing modest inventory with 142 homes for sale and 44 new listings in September 2026. The median time to sell remains substantial at 59 days, suggesting moderate buyer interest relative to supply. Over one-quarter of listings, specifically 26.3%, have seen price reductions. With typical home value flat year-over-year, sellers should expect a measured market where competitive pricing and realistic expectations matter.

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Common questions

What people ask us.

What is the typical home value in Medford, OR 97501?

The typical home value is $362,561 as of September 2026, unchanged from the prior year.

How many homes are currently on the market?

There are 142 homes for sale, with 44 new listings added in September 2026.

How long do homes typically stay on the market?

The median time on market is 59 days as of September 2026.

Discover

Nearby ZIP markets.

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