Southern Oregon Market Stats
October 1, 2021- December 31, 2021
By Jake Rockwell
As we start to look at number for the areas in the Rogue Valley we like to be very succinct with applying consideration to specific areas and those changing numbers. For example a number may be screwed considering the pool amount from which that came, such as Jacksonville may seem upon first glance to have peaked incredibly, since it shows a 5 year trend up 81.9%. But this is die to the pool being a sample size of JUST 12 sold in the Nov 2021 to Jan 2022 time frame. Comparatively the notable number here is the 5 year growth of West Medford growing by 62.9% with a sample size 64 homes during that same time period.
Some other area of note with higher inventory pools are Ashland 113, and East Medford 226 homes and even Central Point with 79 sold during that time. Which shows a lot of turnover in ownership and potential growth in the community. As a buyer this might be an area with more availability and something to consider when the buyer market is so aggressive. This might mean less competition and more likelihood of acceptance.
- East Medford has had the most number of homes SOLD in 2022 so far with 226
- Inventory for all of Jackson county has increased from 639 to 701
- The median home price went up by $25,000 from $349,550 to $374,750
Links to Stats:
Create a custom market report catered to your neighborhood or any specific area and criteria.
Want an instant market valuation for you property?