The typical home in Medford, OR is worth about $460,000.
With 20% down that's a loan near $368,000 — the calculator
is pre-filled with that figure. Medford anchors Oregon's Rogue Valley, where wildfire risk following the 2020 Almeda Fire — which destroyed thousands of homes in neighboring Talent and Phoenix — has pushed homeowners insurance well above the rest of the state. Prices remain below the Willamette Valley's Portland-to-Salem corridor despite the added insurance cost.
$2,389.29 / month
Total interest
$492,142
Total paid
$860,142
Payoff
30.0 years
How much you need to earn
Medford, OR's median household income is about
$62,000 a year. Under standard 28/36
lending rules that supports a home price around
$241,657 with 20% down —
below the $460,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Medford, OR is about $1,700 a month, so owning the median home costs roughly
$1,164 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Medford, OR?
On the metro's roughly $460,000 typical home with 20% down, the loan is about $368,000. Principal and interest run near $2,389 a month at today's rate, and Medford, OR's property tax plus insurance add about $475, for a full payment near $2,864.
Can I afford a home in Medford, OR on the median income?
The median household income is about $62,000 a year. Under standard 28/36 lending rules that supports a home price around $241,657 with 20% down — below the $460,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Medford, OR?
Typical asking rent is about $1,700 a month. The full owner payment on a median home is near $2,864, so owning costs roughly $1,164 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Medford, OR?
The effective property tax rate in the core county is about 1.00% of market value — roughly $4,600 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Medford, OR rising or falling?
Home values are up about 2% over the past year. Medford anchors Oregon's Rogue Valley, where wildfire risk following the 2020 Almeda Fire — which destroyed thousands of homes in neighboring Talent and Phoenix — has pushed homeowners insurance well above the rest of the state. Prices remain below the Willamette Valley's Portland-to-Salem corridor despite the added insurance cost.