Medford, OR

Population: 77,677
Average annual home appreciation rate: 17.95%
Total of homes for sale in this market: 539
Median home price: $256,261
Median Rent: $965 per room
Home price range: 33.45% of homes are between $121,001 – $242,000
Median sales price: $224,000
Number of homes: 257
Median foreclosure sales price: $148,000
Foreclosure discount: 34%
Most common home type: 61.87% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.58%
Number of renters: 49.84%
Number of owner occupied: 50.16%
Number people living below poverty level: 20.60%
Unemployment rate: 6.70%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Medford area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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