With only 2.2 months of inventory, Medford remains a seller's market. Home prices have increased 4.3% in the past month alone. With 2.2 months of supply, Medford's inventory levels remain relatively tight. Homes are taking about 25 days to sell, which is -9 days longer than this time last year. A significant 49.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 27.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Medford market with the affordability index at 40.1. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.