Market Intelligence · OR / Medford

Medford, OR 97504 Housing Market

The typical home value in Medford 97504 is $440,922, up 1.4% over the past year. The median list price stands at $525,000, with homes taking a median of 71 days to sell as of September 2026.

Updated September 2026Median value$441K

The median home value in Medford, OR 97504 is $441K as of September 2026, up 1.4% 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.

Sell without the wait

Sell your Medford home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 97504 range

$406K to $476K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 97504 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Medford, OR.

12-month value trend

+1.4% over 12 months

Sep 2025$435K

Low $435KHigh $441K

Sep 2026$441K

The numbers

What is the 97504 housing market like?

As of September 2026

Typical home value

$441K

1.4%YoY

Median list price

$525K

0.9%MoM

Days on market

18.3%MoM

Homes for sale

297

1.3%MoM

Price cuts

20.1%

12.3%MoM

New listings

12.5%MoM

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

The outlook

97504 housing market forecast 2027

-0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 97504 to fall 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 97504 rose 1.4%, per the Zillow Home Value Index.

Will home prices drop in 97504?

Zillow's forecast says they may: it expects typical home values in 97504 to fall 0.5% by September 2027, after a 1.4% rise over the 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.

Free home value report

See what your 97504 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 97504 home prices compare?

97504$440,922
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 market shows a steady but measured pace. There are 297 homes for sale, with 70 new listings added in September 2026. One in five listings, or 20.1%, has seen a price cut, which suggests sellers are adjusting expectations in a market that continues to favor patience. Homes are spending just over two months on the market before sale. For sellers considering a move, the modest year-over-year appreciation means timing matters more than waiting for a surge.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $88,184

Term

Rate (%)

Common questions

What people ask us.

What is a typical home worth in Medford 97504?

The typical home value is $440,922, representing a 1.4% increase over the past year as of September 2026.

How long do homes take to sell in this area?

The median time on market is 71 days as of September 2026.

How many homes are for sale right now?

There are 297 homes for sale in Medford 97504 as of September 2026, with 70 new listings in that month.

Discover

Nearby ZIP markets.

Keep reading