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Metro areas › Medford, OR

Metropolitan area

Medford, OR

Oregon · 1 county · 221,795 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA house price index for Medford, OR, quarterly from 1979 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 2020010020030040050019801990200020102020United States2026: 408
Medford (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.

The Medford, OR metropolitan area covers 1 county. Its FHFA house price index, starting in 1975, stood at 1225 in 2025, +1125.3% above the base of 100.

The standard quarterly index for the area, published through 2026 Q2, is +3.9% on a year earlier and +3.6% on the previous quarter.

Over the ten years to 2025 the annual index rose +79.2% (+6.0% a year), below Oregon at +85.5% and below the national +85.0%.

From a 2006 peak the index fell −41.3% to 2012, regaining the peak in 2020.

Across its counties, 950 housing units were authorised in the 12 months to August 2026, 4.3 per 1,000 residents, +13.1% on the previous 12 months.

+3.9%year to 2026 Q2, quarterly indexUS +3.0%
+1.1%1 year, 2024–2025US +2.8%
+32.2%5 yearsUS +47.0%
+79.2%10 years+6.0% a year annualised
+171.2%since 2000US +158.3%
950units permitted, 12 months4.3 per 1,000 residents

Same span, three levels

Change in the FHFA indexMedfordOregonUnited States
1 year (2024–2025)+1.1%+0.9%+2.8%
5 years (2020–2025)+32.2%+34.9%+47.0%
10 years (2015–2025)+79.2%+85.5%+85.0%
20 years (2005–2025)+48.4%+110.5%+79.1%
Since 2000+171.2%+199.8%+158.3%
Since 1975+1125.3%+1288.6%+960.7%
10-year annualised+6.0%+6.4%+6.3%
20-year annualised+2.0%+3.8%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+40.7%+68.2%
1990s (1990–2000)+71.7%+33.9%
2000s (2000–2010)+33.8%+29.7%
2010s (2010–2020)+53.3%+35.5%
2020s so far (2020–2025)+32.2%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20062012−41.3%2020
19811984−8.7%1985
19851986−6.3%1988

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Medford, OR area by month, latest 12 months0100200Sep 2025: 142 units (39 single-family, 103 in multi-unit buildings)Sep 2025Oct 2025: 109 units (45 single-family, 64 in multi-unit buildings)Oct 2025Nov 2025: 92 units (41 single-family, 51 in multi-unit buildings)Nov 2025Dec 2025: 72 units (40 single-family, 32 in multi-unit buildings)Dec 2025Jan 2026: 55 units (42 single-family, 13 in multi-unit buildings)Jan 2026Feb 2026: 157 units (32 single-family, 125 in multi-unit buildings)Feb 2026Mar 2026: 76 units (56 single-family, 20 in multi-unit buildings)Mar 2026Apr 2026: 39 units (35 single-family, 4 in multi-unit buildings)Apr 2026May 2026: 74 units (67 single-family, 7 in multi-unit buildings)May 2026Jun 2026: 48 units (46 single-family, 2 in multi-unit buildings)Jun 2026Jul 2026: 44 units (42 single-family, 2 in multi-unit buildings)Jul 2026Aug 2026: 42 units (42 single-family, 0 in multi-unit buildings)Aug 2026

Housing units authorised in the Medford, OR area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Medford, OR area by month, latest 60 months0100200300Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 118 units (58 single-family, 60 in multi-unit buildings)Feb 2022: 79 units (74 single-family, 5 in multi-unit buildings)Mar 2022: 112 units (93 single-family, 19 in multi-unit buildings)Apr 2022: 92 units (60 single-family, 32 in multi-unit buildings)May 2022: 97 units (70 single-family, 27 in multi-unit buildings)Jun 2022: 84 units (54 single-family, 30 in multi-unit buildings)Jul 2022: 54 units (49 single-family, 5 in multi-unit buildings)Aug 2022: 40 units (37 single-family, 3 in multi-unit buildings)Sep 2022: 38 units (32 single-family, 6 in multi-unit buildings)Sep 2022Oct 2022: 190 units (171 single-family, 19 in multi-unit buildings)Nov 2022: 62 units (28 single-family, 34 in multi-unit buildings)Dec 2022: 34 units (23 single-family, 11 in multi-unit buildings)Jan 2023: 41 units (36 single-family, 5 in multi-unit buildings)Feb 2023: 58 units (36 single-family, 22 in multi-unit buildings)Mar 2023: 213 units (32 single-family, 181 in multi-unit buildings)Apr 2023: 166 units (57 single-family, 109 in multi-unit buildings)May 2023: 101 units (65 single-family, 36 in multi-unit buildings)Jun 2023: 84 units (71 single-family, 13 in multi-unit buildings)Jul 2023: 92 units (80 single-family, 12 in multi-unit buildings)Aug 2023: 147 units (54 single-family, 93 in multi-unit buildings)Sep 2023: 97 units (60 single-family, 37 in multi-unit buildings)Sep 2023Oct 2023: 109 units (68 single-family, 41 in multi-unit buildings)Nov 2023: 63 units (55 single-family, 8 in multi-unit buildings)Dec 2023: 247 units (50 single-family, 197 in multi-unit buildings)Jan 2024: 64 units (45 single-family, 19 in multi-unit buildings)Feb 2024: 67 units (39 single-family, 28 in multi-unit buildings)Mar 2024: 91 units (69 single-family, 22 in multi-unit buildings)Apr 2024: 100 units (78 single-family, 22 in multi-unit buildings)May 2024: 95 units (81 single-family, 14 in multi-unit buildings)Jun 2024: 72 units (64 single-family, 8 in multi-unit buildings)Jul 2024: 65 units (60 single-family, 5 in multi-unit buildings)Aug 2024: 63 units (57 single-family, 6 in multi-unit buildings)Sep 2024: 67 units (59 single-family, 8 in multi-unit buildings)Sep 2024Oct 2024: 55 units (50 single-family, 5 in multi-unit buildings)Nov 2024: 43 units (29 single-family, 14 in multi-unit buildings)Dec 2024: 67 units (51 single-family, 16 in multi-unit buildings)Jan 2025: 83 units (83 single-family, 0 in multi-unit buildings)Feb 2025: 49 units (49 single-family, 0 in multi-unit buildings)Mar 2025: 95 units (47 single-family, 48 in multi-unit buildings)Apr 2025: 66 units (53 single-family, 13 in multi-unit buildings)May 2025: 127 units (73 single-family, 54 in multi-unit buildings)Jun 2025: 57 units (40 single-family, 17 in multi-unit buildings)Jul 2025: 72 units (60 single-family, 12 in multi-unit buildings)Aug 2025: 59 units (34 single-family, 25 in multi-unit buildings)Sep 2025: 142 units (39 single-family, 103 in multi-unit buildings)Sep 2025Oct 2025: 109 units (45 single-family, 64 in multi-unit buildings)Nov 2025: 92 units (41 single-family, 51 in multi-unit buildings)Dec 2025: 72 units (40 single-family, 32 in multi-unit buildings)Jan 2026: 55 units (42 single-family, 13 in multi-unit buildings)Feb 2026: 157 units (32 single-family, 125 in multi-unit buildings)Mar 2026: 76 units (56 single-family, 20 in multi-unit buildings)Apr 2026: 39 units (35 single-family, 4 in multi-unit buildings)May 2026: 74 units (67 single-family, 7 in multi-unit buildings)Jun 2026: 48 units (46 single-family, 2 in multi-unit buildings)Jul 2026: 44 units (42 single-family, 2 in multi-unit buildings)Aug 2026: 42 units (42 single-family, 0 in multi-unit buildings)

Housing units authorised in the Medford, OR area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Medford, OR area by year, 1995–202501,0002,0003,0001995: 1,044 units (1,044 single-family, 0 in multi-unit buildings)19951996: 1,000 units (1,000 single-family, 0 in multi-unit buildings)1997: 983 units (983 single-family, 0 in multi-unit buildings)1998: 1,166 units (1,166 single-family, 0 in multi-unit buildings)1999: 1,757 units (1,316 single-family, 441 in multi-unit buildings)2000: 1,351 units (1,140 single-family, 211 in multi-unit buildings)20002001: 1,602 units (1,289 single-family, 313 in multi-unit buildings)2002: 1,548 units (1,439 single-family, 109 in multi-unit buildings)2003: 2,138 units (1,754 single-family, 384 in multi-unit buildings)2004: 2,099 units (1,791 single-family, 308 in multi-unit buildings)2005: 2,036 units (1,707 single-family, 329 in multi-unit buildings)20052006: 1,333 units (1,067 single-family, 266 in multi-unit buildings)2007: 1,138 units (1,020 single-family, 118 in multi-unit buildings)2008: 449 units (370 single-family, 79 in multi-unit buildings)2009: 321 units (317 single-family, 4 in multi-unit buildings)2010: 373 units (293 single-family, 80 in multi-unit buildings)20102011: 362 units (254 single-family, 108 in multi-unit buildings)2012: 549 units (368 single-family, 181 in multi-unit buildings)2013: 644 units (555 single-family, 89 in multi-unit buildings)2014: 747 units (590 single-family, 157 in multi-unit buildings)2015: 717 units (604 single-family, 113 in multi-unit buildings)20152016: 912 units (727 single-family, 185 in multi-unit buildings)2017: 805 units (724 single-family, 81 in multi-unit buildings)2018: 933 units (681 single-family, 252 in multi-unit buildings)2019: 921 units (656 single-family, 265 in multi-unit buildings)2020: 886 units (677 single-family, 209 in multi-unit buildings)20202021: 1,142 units (777 single-family, 365 in multi-unit buildings)2022: 1,080 units (761 single-family, 319 in multi-unit buildings)2023: 1,384 units (653 single-family, 731 in multi-unit buildings)2024: 896 units (631 single-family, 265 in multi-unit buildings)2025: 944 units (609 single-family, 335 in multi-unit buildings)2025

Housing units authorised in the Medford, OR area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaOregonUnited States
Housing units authorised95015,3151,418,086
Units per 1,000 residents4.33.64.1
Single-family share55%59%63%
Change on previous 12 months+13.1%+11.9%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Jackson CountyOR+1.1%+79.2%9504.3

Questions and answers

How much have home values in the Medford, OR area risen over 10 years?

The FHFA annual index rose +79.2% between 2015 and 2025, about +6.0% a year. Over 20 years: +48.4%; since 2000: +171.2%. The quarterly index is +3.9% on a year earlier as of 2026 Q2.

Which counties in the Medford, OR area rose most?

By ten-year change to 2025: Jackson County (+79.2%).

What happened to Medford, OR prices after 2007?

The index peaked in 2006, fell −41.3% to 2012 and regained the peak in 2020. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Medford, OR area?

950 housing units were authorised across the area's counties in the 12 months to August 2026, 55% of them single-family, 4.3 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.