97501 Home Values & Market Trends

There are 117 homes currently listed for 97501. 97501 real estate market trends show that home prices range from $32,500 to $2,299,808, and the median sales price in the 97501 zip code is $359,436.56. The total number of properties sold within the past twelve months is 516. In 97501, 12 properties are in foreclosure, 0 are bank owned properties,and 12 are headed for auction.

97501 Real Estate Market Overview

CityMedian Est. Value
Medford

$ 439,900

$ 254/sqft

Housing Market Summary for 97501

Apr 2023March 2024Change
Median Listing Price$345K$361.1K4.67%
Median Sold Price$356.7K$361.1K1.23%
Homes For Sale103100-2.91%
Homes Sold347262-24.50%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 97501

The median list price of a home in Medford, is $359,436.56. A total of 117 properties are for sale, and the percentage of properties for sale in the zip code is 117.00%. The total count of 97501 properties is 14,424.

Foreclosure
There is 1 cities within 97501; within this cities, the median estimated home value for homes in foreclosure ranges from $1,724,149 in medford to the lowest value of $152,438 in medford. Foreclosure homes account for 0.00% of properties in 97501 with medford containing 25 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97501 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 97501; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 97501 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 97501. There is 1 cities within 97501; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    medford has 22 auction properties, the highest number of properties going to auction in a single city in the state of 97501. Auction homes and other auction properties account for 0.08% of all properties in 97501. There is 1 cities within 97501; of that cities, the median estimated home value for homes going to auction ranges from $1,724,149 in medford to the lowest value of $194,250 in medford.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.81% of residential properties in 97501 with medford containing 272 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 97501; homes for sale in that cities, have a range of median values from $2,299,808 in medford to the lowest value of $180,500 in medford.
    Sold Homes
    The median value for recently sold homes ranges from $2,766,953 in medford to the lowest price of $22,267 in medford. There is 1 cities within 97501. medford has 707 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.81% of properties in 97501.

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      Guide for 97501

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes 97501

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