Mortgage payment estimates, closing cost breakdowns, and homebuying data for Medford, Oregon.
Pre-filled with Medford median home price and Oregon tax/insurance rates. Adjust for your property.
Estimated closing costs based on Oregon rates and fees applied to Medford prices.
The median home price in Medford is $395,000, 18% below the Oregon state median of $480,000. With a population of 85,824, Medford is a smaller market where home prices tend to be more accessible than in many parts of Oregon.
Property taxes in Oregon average 0.93% annually. This moderate property tax rate means a $395,000 home in Medford would carry roughly $306/month in property taxes. Homeowners insurance in Oregon runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Medford is $1,380/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Medford presents moderate affordability. The $395K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.