Medford, OR home prices
Typical home $431,210 · +1.1% in a year · income needed $120,100
The Medford, OR metro area ranks 116 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.1% in a year and +5.7% over five years. With 20% down at 7.11%, the typical home costs about $2,801 a month including 0.74% property tax (Jackson County rate).
Mortgage on the typical Medford home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $86,242 | $344,968 | $2,321 | $0 | $481 | $2,801 | $120,100 |
| 10% down | $43,121 | $388,089 | $2,611 | $162 | $481 | $3,253 | $139,400 |
| 5% down | $21,561 | $409,650 | $2,756 | $171 | $481 | $3,407 | $146,000 |
| 3.5% down (FHA) | $15,092 | $423,400 | $2,848 | $191 | $481 | $3,520 | $150,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.74% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Medford area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Jackson County, OR | $431,214 | +1.1% | 0.74% |
What can you afford in Oregon on your salary? · Oregon home prices · Salaries in Oregon
Frequently asked questions
How much is a house in Medford?
The typical home in the Medford, OR metro area is worth $431,210 (Zillow, September 2026).
What salary do you need to buy a house in Medford?
About $120,100 a year for the typical home with 20% down at 7.11%.