Is Medford, OR 97504 a buyer’s or seller’s market?
Medford is a seller’s market. With about 3.7 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.7Under 4 months = seller’s market
Sold above original list14.4%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$267▲ +1.3% vs. last year
Run the numbers for 97504
Nearby markets
Ashland 97520Balanced $315 /sq ftButte Falls 97522Buyer’s market $154 /sq ftCentral Point 97502Seller’s market $266 /sq ftEagle Point 97524Balanced $259 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology