Explore US City Medford, OR - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The present housing market in Medford is down with high active listings and low sales volume. Home prices have decreased 16.4% in the past month. At the current sales pace, it would take over 10.0 months to sell all available homes in Medford, indicating an oversupplied market. Sales volume is down 50% compared to seasonal expectations. A significant 40.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Medford market with the affordability index at 26.9. Based on current market indicators, home prices in Medford are projected to increase by approximately 38.7% over the next month.
Demographics market for - Medford, OR
Total Population -
86,262
Medford, OR has a total population of 100,871 residents. The area is predominantly White (70.9%), Hispanic/Latino residents represent 11.5% of the population. The area shows moderate demographic diversity. As a large population center, Medford, OR offers diverse community resources and amenities.
White Race
83%
African American Race
1%
Crime for City - Medford, OR
Crime analysis for Medford, OR shows 1,937 total incidents across all categories. The most prevalent crime type is Property Crime (66.5% of all incidents). This is followed by Assault at 25.1%. The overall crime rate in Medford, OR is relatively high, with violent crimes being more common than property crimes. Residents and visitors should remain aware of their surroundings and take appropriate safety precautions.
Real Estate Market Prediction for - Medford, OR
Market predictions for Medford, OR show an upward trend in home prices, with values increasing by 7.1%. This indicates a moderate but notable price trend. The current median home price in Medford, OR is approximately $445,507.056. Based on current trends, home prices in Medford, OR are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
City Hotspots Map
Medford, OR features 2 investment hotspots with varying levels of activity. The average nightly rate of $108 suggests an affordable market for travelers. Guest satisfaction is good with an average rating of 4.1/5. The high average hotspot score of 0.82 indicates excellent investment potential in these areas. The area features 42 hotels, offering limited but growing accommodation options.
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Nearby Cities From- Medford, OR
Central Point, OR
Phoenix, OR
White City, OR
Jacksonville, OR
Talent, OR
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