Southern Oregon Market Stats
May 1st, 2021- July 31st, 2021
By Jake Rockwell
Stats tell us if you have owned your home for 5 or more years in Phoenix, Jacksonville, West Medford, Central point, Gold Hill & Rogue River you home have gone up over 70% in that time frame this means and average of nearly $130k in equitable value increase. Now would be great time to cash out on some of that potential, think about it. What would you do with an extra $130k in your bank account? That's specific to those areas, however the overall average for all areas of Jackson county are 52% above what it was 5 years ago. If you bought a property with acreage, the average is up 66.4%. Thats incredible!
Key Take-Aways:
- The highest 5 year change was seen in White City, up 80% since 2016
- That same area now has the lowest Days on Market at just 10
- The largest jump was just in the past year in Rural home sales, with the medium jumping from $458k... to $687K
Links to Stats:
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