Home prices
The value of the median home in Medford is $265,400. It is roughly $15,500 (6%) higher compared to nearby areas.It is roughly $47,900 (22%) higher in comparison to the entire nation.
Rents
In Medford the median rent is $972 a month. Compared to nearby areas it is approximately $66 (6%) lower.Compared to the rest of the country it is approximately $90 (8%) lower.
Nearby places
Central Point
Central Point is Medford's neighbor to the northwest. Real estate prices there are similar. Central Point's median home cost is $260,600, which works out to $4,800 (1%) lower than Medford. Rents there are somewhat more expensive. Central Point's median rent is $1,048 per month, which is $76 (7%) higher than Medford.
Phoenix
Phoenix is about 4 miles south of Medford. The housing prices there are substantially less expensive. The median home value in Phoenix is $188,400, which is $77,000 (40%) lower than Medford. Rents there are a little less expensive. In Phoenix the median rent is $814 per month, which comes out to $158 (19%) lower than Medford.
Jacksonville
Jacksonville is approximately 5 miles west of Medford. The housing prices there are significantly more expensive. Jacksonville's median home price is $427,400, which works out to $162,000 (37%) higher than Medford. Rent there is a bit more expensive. The median monthly rent in Jacksonville is $1,147, which is $175 (15%) higher than Medford.
White City
White City is approximately 6 miles north from Medford. The housing prices there are significantly less expensive. The median home cost in White City is $160,100, which is $105,300 (65%) lower than Medford. The rent there is somewhat more expensive. White City's median rent is $1,037 per month, which comes out to $65 (6%) higher than Medford.
Talent
Talent is roughly 7 miles southeast from Medford. The real estate prices there are a little less expensive. The median home in Talent is valued at $218,500, which works out to $46,900 (21%) lower than Medford. Rents there are pretty similar. The median monthly rent in Talent is $927, which is $45 (4%) lower than Medford.
Eagle Point
Eagle Point is approximately 8 miles north of Medford. Its housing prices are somewhat less expensive. The median home cost in Eagle Point is $244,400, which works out to $21,000 (8%) lower than Medford. Rents there are a bit more expensive. Eagle Point's median rent is $1,258 per month, which is $286 (22%) higher than Medford.