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MEDFORD, OR 97504

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MEDFORD, OR real estate market (97504) currently shows 243 active listings, with 87 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 74 days on market compared to 89 days last year.

The median listing price has fallen 4.8% year-over-year, from $523,695 to $498,450.

Whether you are buying or selling in MEDFORD, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 49,426  ·  Density: 440.7/mi²  ·  Median household income: $76,246

Typical home value: $405,774  ·  Homeownership: 61.2%

Market Overview

Active Listings
243
⇧ 3.4% vs 235 last year
Pending
87
36% pending ratio
Median Price
$498,450
⇩ 4.8% vs $523,695 last year
Average Price
$616,405
⇧ 1.8% vs $605,231 last year
Days on Market
74
⇩ 16.9% vs 89 days last year

Price Per Square Foot

Median $/sqft
$272
⇧ 2.3% vs $266/sqft last year
Median Home Size
1,839 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 243 this year vs 235 last year
  • Days on market: 74 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $498,450 (-4.8% YoY)
  • Average: $616,405 (+1.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.9 miles — 662 listings ($436,591,736 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97504Medford, OR 975040.0 mi199$119,070,257$502,900$598,343
97501Medford, OR 975015.6 mi149$74,942,679$395,000$502,971
97540Talent, OR 975409.8 mi17$11,176,650$531,300$657,450
97525Gold Hill, OR 9752515.9 mi22$15,238,344$550,000$692,652
97503White City, OR 9750318.8 mi46$35,278,734$354,000$766,929
97530Jacksonville, OR 9753020.4 mi65$71,409,325$710,000$1,098,605
97522Butte Falls, OR 9752223.6 mi9$11,186,991$520,000$1,242,999
96044Hornbrook, CA 9604427.0 mi7$1,667,001$168,000$238,143
97527Grants Pass, OR 9752729.9 mi133$87,571,589$534,950$658,433
96050Klamath River, CA 9605033.7 mi7$3,050,166$379,000$435,738
97410Azalea, OR 9741036.5 mi3$3,078,999$670,000$1,026,333
96086Seiad Valley, CA 9608638.3 mi2$984,000$492,000$492,000
97543Wilderville, OR 9754338.9 mi3$1,937,001$550,000$645,667

Frequently Asked Questions

How many homes are for sale in MEDFORD, OR 97504?

As of February 2026, there are 243 active listings in MEDFORD, OR (zip code 97504), compared to 235 the prior year.

What is the median home price in MEDFORD, OR 97504?

The median listing price in MEDFORD, OR 97504 is $498,450 as of February 2026, a 4.8% decrease from $523,695 the prior year.

How long do homes stay on the market in MEDFORD, OR?

Homes in MEDFORD, OR 97504 spend an average of 74 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in MEDFORD, OR 97504?

Based on current inventory and days-on-market data as of February 2026, MEDFORD, OR 97504 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 74 days on market compared to 89 days last year.

How much can I save on real estate commission in MEDFORD, OR?

With SELL123.com's maximum 3% commission, sellers in MEDFORD, OR 97504 save an estimated $9,969 compared to a typical 5% commission on the median listing price of $498,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.