MEDFORD Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Medford averaged
6.57%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.68% and
one month ago for the week of 2024-10-10, the
average rate was 6.21%.
Medford's average rate one year ago was 7.69%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.08%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Medford 30 Year Fixed Rate | 2024-11-14 | 6.57% |
| Medford 30 Year Fixed Rate Refi | 2024-11-14 | 7.08% |
| Medford 15 Year Fixed Rate | 2024-11-14 | 6.19% |
| Medford 15 Year Fixed Rate Refi | 2024-11-14 | 6.19% |
| Medford 30 Year FHA | 2024-11-14 | -0.06% |
| Medford 30 Year FHA Refi | 2024-11-14 | 0.2% |
| Medford 30 Year USDA | 2024-11-14 | 0.2% |
| Medford 30 Year USDA Refi | 2024-11-14 | 0.2% |
| Medford 30 Year VA | 2024-11-14 | -0.23% |
| Medford 30 Year VA Refi | 2024-11-14 | 0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MEDFORD, OR.
MEDFORD Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MEDFORD, OR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
MEDFORD Average Closing Costs & Other Stats
MEDFORD, OR's 137 lenders originated 3,787
loans during 2023. The total origination value was $1,284,885,000, with an average loan value of
$339,288.
MEDFORD's average closing costs are $6,217.
The top MEDFORD lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
181 loans originated. Their average total fees are
$7,968, which is $2,424
higher than the next largest lender,
ROGUE.
The lowest fee MEDFORD lenders (with over 10 loans originated) are
Wells Fargo Bank ($4,757), Nations Lending Corporation ($5,343), ROGUE ($5,543), JPMorgan Chase Bank ($5,680) and Umpqua Bank ($5,829).
The lowest rate MEDFORD lenders (with over 10 loans originated) are
CMG MORTGAGE, INC. (6.28%), LOANDEPOT.COM, LLC (6.36%), JPMorgan Chase Bank (6.44%), PREMIER MORTGAGE RESOURCES, L.L.C. (6.49%) and UNITED WHOLESALE MORTGAGE, LLC (6.65%).
MEDFORD, OR Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| JONES LANG LASALLE MULTIFAMILY, LLC | $179,545,000 | n/a | 14.0% | |
| ROGUE | $164,925,000 | $130,985,000 | -20.6% | 10.2% |
| GUILD MORTGAGE COMPANY | $155,330,000 | $94,840,000 | -38.9% | 7.4% |
| Mechanics Bank | $7,715,000 | $65,315,000 | 746.6% | 5.1% |
| Banner Bank | $47,890,000 | $53,990,000 | 12.7% | 4.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $73,505,000 | $46,140,000 | -37.2% | 3.6% |
| Evergreen Federal Bank | $39,955,000 | $40,275,000 | 0.8% | 3.1% |
| MOVEMENT MORTGAGE, LLC | $53,580,000 | $39,980,000 | -25.4% | 3.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $57,385,000 | $39,760,000 | -30.7% | 3.1% |
| QUICKEN LOANS, LLC | $73,270,000 | $35,110,000 | -52.1% | 2.7% |
| Nations Lending Corporation | $52,275,000 | $28,915,000 | -44.7% | 2.3% |
| Willamette Valley Bank | $63,935,000 | $28,565,000 | -55.3% | 2.2% |
| Umpqua Bank | $88,950,000 | $27,375,000 | -69.2% | 2.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $76,375,000 | $27,240,000 | -64.3% | 2.1% |
| People's Bank of Commerce | $48,220,000 | $25,635,000 | -46.8% | 2.0% |
| U.S. Bank | $38,360,000 | $22,345,000 | -41.7% | 1.7% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $18,890,000 | $19,990,000 | 5.8% | 1.6% |
| MORTGAGE EXPRESS, LLC | $25,210,000 | $16,630,000 | -34.0% | 1.3% |
| LOANDEPOT.COM, LLC | $42,695,000 | $15,425,000 | -63.9% | 1.2% |
| JPMorgan Chase Bank | $24,360,000 | $14,335,000 | -41.2% | 1.1% |
| CMG MORTGAGE, INC. | $20,160,000 | $14,315,000 | -29.0% | 1.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $23,900,000 | $12,850,000 | -46.2% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $22,360,000 | $12,685,000 | -43.3% | 1.0% |
| TWINSTAR | $12,050,000 | n/a | 0.9% | |
| Mortgage Research Center, LLC | $17,585,000 | $11,000,000 | -37.4% | 0.9% |
| NEWREZ LLC | $5,895,000 | $9,775,000 | 65.8% | 0.8% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $11,390,000 | $8,585,000 | -24.6% | 0.7% |
| SUMMIT FUNDING, INC. | $11,595,000 | $8,565,000 | -26.1% | 0.7% |
| Sierra Pacific Mortgage Company, Inc. | $6,310,000 | $8,070,000 | 27.9% | 0.6% |
| First Interstate Bank | $15,310,000 | $7,935,000 | -48.2% | 0.6% |
| Oregon Pacific Banking Company | $7,615,000 | n/a | 0.6% | |
| S1L, Inc. | $11,575,000 | $6,480,000 | -44.0% | 0.5% |
| Washington Federal Bank | $23,785,000 | $6,415,000 | -73.0% | 0.5% |
| KeyBank | $25,260,000 | $6,040,000 | -76.1% | 0.5% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $10,860,000 | $5,695,000 | -47.6% | 0.4% |
| Wells Fargo Bank | $46,870,000 | $5,685,000 | -87.9% | 0.4% |
| USAA Federal Savings Bank | $7,650,000 | $5,355,000 | -30.0% | 0.4% |
| First Republic Bank | $3,955,000 | $5,305,000 | 34.1% | 0.4% |
| The Loan Store, Inc. | $5,115,000 | n/a | 0.4% | |
| NAVY FEDERAL CREDIT UNION | $9,380,000 | $5,065,000 | -46.0% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $2,100,000 | $4,955,000 | 136.0% | 0.4% |
| Bank of America | $8,365,000 | $4,290,000 | -48.7% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $9,110,000 | $4,170,000 | -54.2% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $3,710,000 | $4,170,000 | 12.4% | 0.3% |
| BROKER SOLUTIONS, INC. | $6,990,000 | $3,690,000 | -47.2% | 0.3% |
| FIRST COMMUNITY | $2,855,000 | $3,650,000 | 27.8% | 0.3% |
| MOUNTAIN WEST FINANCIAL, INC. | $5,570,000 | $3,485,000 | -37.4% | 0.3% |
| Flagstar Bank, FSB | $11,560,000 | $3,445,000 | -70.2% | 0.3% |
| NATIONS DIRECT MORTGAGE, LLC | $4,755,000 | $3,110,000 | -34.6% | 0.2% |
| BMO Harris Bank | $980,000 | $2,890,000 | 194.9% | 0.2% |
| Morgan Stanley Private Bank | $3,095,000 | $2,845,000 | -8.1% | 0.2% |
| DEEPHAVEN MORTGAGE LLC | $530,000 | $2,585,000 | 387.7% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $3,680,000 | $2,525,000 | -31.4% | 0.2% |
| The Federal Savings Bank | $4,695,000 | $2,520,000 | -46.3% | 0.2% |
| ARC HOME LLC | $165,000 | $2,515,000 | 1,424.2% | 0.2% |
| CARDINAL FINANCIAL | $6,065,000 | $2,510,000 | -58.6% | 0.2% |
| DIRECTORS MORTGAGE, INC. | $1,240,000 | $2,395,000 | 93.1% | 0.2% |
| HighTechLending Inc | $2,360,000 | n/a | 0.2% | |
| Mr. Cooper ( Nationstar Mortgage ) | $14,040,000 | $2,305,000 | -83.6% | 0.2% |
| FIRST TECHNOLOGY | $1,495,000 | $2,145,000 | 43.5% | 0.2% |
| DHI MORTGAGE COMPANY, LTD. | $2,050,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $9,185,000 | $2,050,000 | -77.7% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $11,935,000 | $1,940,000 | -83.7% | 0.2% |
| OnPoint Community Credit Union | $2,525,000 | $1,920,000 | -24.0% | 0.1% |
| MANN FINANCIAL INC. | $1,020,000 | $1,865,000 | 82.8% | 0.1% |
| ALLIANT CREDIT UNION | $750,000 | $1,860,000 | 148.0% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $3,250,000 | $1,800,000 | -44.6% | 0.1% |
| AMWEST FUNDING CORP. | $2,890,000 | $1,730,000 | -40.1% | 0.1% |
| HomeStreet Bank | $56,195,000 | $1,715,000 | -96.9% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $2,765,000 | $1,700,000 | -38.5% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $1,645,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $9,855,000 | $1,600,000 | -83.8% | 0.1% |
| Figure Lending LLC | $2,590,000 | $1,590,000 | -38.6% | 0.1% |
| CANOPY MORTGAGE, LLC | $2,505,000 | $1,540,000 | -38.5% | 0.1% |
| Commerce Home Mortgage, Inc. | $910,000 | $1,530,000 | 68.1% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $895,000 | $1,475,000 | 64.8% | 0.1% |
| Discover Bank | $1,370,000 | $1,450,000 | 5.8% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $590,000 | $1,415,000 | 139.8% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $425,000 | $1,415,000 | 232.9% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $1,920,000 | $1,380,000 | -28.1% | 0.1% |
| Equity Prime Mortgage LLC | $540,000 | $1,365,000 | 152.8% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $4,715,000 | $1,360,000 | -71.2% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $990,000 | $1,355,000 | 36.9% | 0.1% |
| City National Bank | $1,045,000 | $1,285,000 | 23.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,565,000 | $1,265,000 | -19.2% | 0.1% |
| Prosperity Home Mortgage, LLC | $1,000,000 | $1,235,000 | 23.5% | 0.1% |
| PLANET HOME LENDING, LLC | $740,000 | $1,210,000 | 63.5% | 0.1% |
| Pacific Premier Bank | $1,205,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $3,195,000 | $1,200,000 | -62.4% | 0.1% |
| The Huntington National Bank | $805,000 | $1,185,000 | 47.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $3,160,000 | $1,150,000 | -63.6% | 0.1% |
| NBKC BANK | $2,715,000 | $1,145,000 | -57.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $690,000 | $1,140,000 | 65.2% | 0.1% |
| LOANPAL, LLC | $4,090,000 | $1,110,000 | -72.9% | 0.1% |
| NP, Inc. | $325,000 | $1,075,000 | 230.8% | 0.1% |
| LENDSURE MORTGAGE CORP. | $265,000 | $1,070,000 | 303.8% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $610,000 | $1,015,000 | 66.4% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $880,000 | $990,000 | 12.5% | 0.1% |
| 21ST MORTGAGE CORPORATION | $900,000 | $980,000 | 8.9% | 0.1% |
| NEXERA HOLDING LLC | $1,770,000 | $975,000 | -44.9% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $970,000 | n/a | 0.1% | |
| 1st Security Bank of Washington | $960,000 | n/a | 0.1% | |
| Northwest Farm Credit Services, FLCA | $4,530,000 | $955,000 | -78.9% | 0.1% |
| OCMBC, INC. | $1,900,000 | $860,000 | -54.7% | 0.1% |
| SUMMIT MORTGAGE CORPORATION | $315,000 | $860,000 | 173.0% | 0.1% |
| NexBank | $1,240,000 | $850,000 | -31.5% | 0.1% |
| HomeTrust Bank | $845,000 | n/a | 0.1% | |
| Tri Counties Bank | $845,000 | n/a | 0.1% | |
| PNC Bank | $2,760,000 | $835,000 | -69.7% | 0.1% |
| CALIBER HOME LOANS, INC. | $54,715,000 | $800,000 | -98.5% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $225,000 | $800,000 | 255.6% | 0.1% |
| OREGON COMMUNITY | $2,025,000 | $800,000 | -60.5% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,770,000 | $765,000 | -56.8% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $760,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,245,000 | $715,000 | -78.0% | 0.1% |
| SCENIC OAKS FUNDING, INC. | $715,000 | n/a | 0.1% | |
| VERITAS FUNDING, LLC | $125,000 | $715,000 | 472.0% | 0.1% |
| Charles Schwab Bank, SSB | $2,490,000 | $710,000 | -71.5% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $890,000 | $705,000 | -20.8% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,335,000 | $680,000 | -49.1% | 0.1% |
| DAS Acquisition Company, LLC | $670,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $315,000 | $665,000 | 111.1% | 0.1% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $650,000 | n/a | 0.1% | |
| First State Bank of St. Charles, Missouri | $645,000 | n/a | 0.1% | |
| Boeing Employees Credit Union | $1,240,000 | $640,000 | -48.4% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $830,000 | $630,000 | -24.1% | 0.0% |
| Carrington Mortgage Services, LLC | $2,300,000 | $610,000 | -73.5% | 0.0% |
| ONY GLO, INC. | $610,000 | n/a | 0.0% | |
| MARION AND POLK SCHOOLS CREDIT UNION | $775,000 | $595,000 | -23.2% | 0.0% |
| AHL FUNDING | $565,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $555,000 | n/a | 0.0% | |
| Ally Bank | $1,770,000 | $550,000 | -68.9% | 0.0% |
| AMCAP MORTGAGE, LTD. | $245,000 | $515,000 | 110.2% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,670,000 | $510,000 | -69.5% | 0.0% |
| Oregon State Credit Union | $55,000 | $485,000 | 781.8% | 0.0% |
| Citadel Servicing Corporation | $2,090,000 | $480,000 | -77.0% | 0.0% |
| SILVER HILL FUNDING, LLC | $755,000 | $475,000 | -37.1% | 0.0% |
| Zions Bank | $245,000 | $475,000 | 93.9% | 0.0% |
| Coastal Community Bank | $470,000 | n/a | 0.0% | |
| City National Bank of Florida | $465,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $3,730,000 | $460,000 | -87.7% | 0.0% |
| BNC National Bank | $455,000 | n/a | 0.0% | |
| CHERRY CREEK MORTGAGE, LLC | $1,505,000 | $445,000 | -70.4% | 0.0% |
| GSF Mortgage Corporation | $3,010,000 | $445,000 | -85.2% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $700,000 | $435,000 | -37.9% | 0.0% |
| STAR ONE CREDIT UNION | $285,000 | $425,000 | 49.1% | 0.0% |
| UNION HOME MORTGAGE CORP. | $405,000 | n/a | 0.0% | |
| EMM LOANS LLC | $390,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $740,000 | $375,000 | -49.3% | 0.0% |
| Evolve Bank & Trust | $365,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $855,000 | $365,000 | -57.3% | 0.0% |
| UBS Bank USA | $750,000 | $365,000 | -51.3% | 0.0% |
| BAY EQUITY LLC | $1,260,000 | $355,000 | -71.8% | 0.0% |
| EMBRACE HOME LOANS, INC. | $195,000 | $345,000 | 76.9% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $345,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $185,000 | $345,000 | 86.5% | 0.0% |
| Firefighters First Federal Credit Union | $335,000 | n/a | 0.0% | |
| BECKAM FUNDING CORP. | $325,000 | n/a | 0.0% | |
| Credence Funding Corporation | $325,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $785,000 | $325,000 | -58.6% | 0.0% |
| Mid Oregon Federal Credit Union | $255,000 | $320,000 | 25.5% | 0.0% |
| BAY-VALLEY MORTGAGE GROUP | $315,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $530,000 | $315,000 | -40.6% | 0.0% |
| BETTER MORTGAGE CORPORATION | $8,985,000 | $305,000 | -96.6% | 0.0% |
| Loan Simple, Inc. | $1,765,000 | $295,000 | -83.3% | 0.0% |
| Plains Commerce Bank | $135,000 | $295,000 | 118.5% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $205,000 | $275,000 | 34.1% | 0.0% |
| Washington Trust Bank | $275,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $3,375,000 | $265,000 | -92.1% | 0.0% |
| Peoples Bank | $255,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $2,395,000 | $255,000 | -89.4% | 0.0% |
| SPRING EQ, LLC | $1,050,000 | $250,000 | -76.2% | 0.0% |
| MICHIGAN MUTUAL, INC. | $365,000 | $245,000 | -32.9% | 0.0% |
| Bank of the Pacific | $645,000 | $235,000 | -63.6% | 0.0% |
| GoPrime Mortgage, Inc. | $770,000 | $235,000 | -69.5% | 0.0% |
| V.I.P. MORTGAGE, INC. | $660,000 | $235,000 | -64.4% | 0.0% |
| Golden Empire Mortgage, Inc. | $645,000 | $225,000 | -65.1% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $6,435,000 | $225,000 | -96.5% | 0.0% |
| MY MORTGAGE, INC. | $225,000 | n/a | 0.0% | |
| SELCO COMMUNITY | $815,000 | $215,000 | -73.6% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $205,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $470,000 | $205,000 | -56.4% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| Wheatland Bank | $205,000 | n/a | 0.0% | |
| Truist | $880,000 | $195,000 | -77.8% | 0.0% |
| LADERA LENDING, INC. | $1,795,000 | $185,000 | -89.7% | 0.0% |
| Magnolia Bank | $2,700,000 | $185,000 | -93.1% | 0.0% |
| NFM, INC. | $530,000 | $185,000 | -65.1% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $185,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $175,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $175,000 | n/a | 0.0% | |
| LPMC, LLC | $165,000 | n/a | 0.0% | |
| Alaska USA Federal Credit Union | $125,000 | $155,000 | 24.0% | 0.0% |
| Franklin Loan Corporation | $155,000 | n/a | 0.0% | |
| Unitus Community Credit Union | $150,000 | n/a | 0.0% | |
| OREGONIANS CREDIT UNION | $125,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $115,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $105,000 | $115,000 | 9.5% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $2,225,000 | $105,000 | -95.3% | 0.0% |
| Watermark Capital, Inc. | $275,000 | $105,000 | -61.8% | 0.0% |
| NMSI, INC. | $95,000 | n/a | 0.0% | |
| Baxter Credit Union | $65,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $575,000 | $55,000 | -90.4% | 0.0% |
| Gallic & Johnson, LLC | $535,000 | $45,000 | -91.6% | 0.0% |
| CENTRAL WILLAMETTE Credit Union | $35,000 | n/a | 0.0% | |
| WASHINGTON STATE EMPLOYEES Credit Union | $155,000 | $25,000 | -83.9% | 0.0% |
MEDFORD's top lender by overall market share is JONES LANG LASALLE MULTIFAMILY, LLC, with 14.0% market share. In second place, with 10.2%, is ROGUE, having originated $130,985,000 in loans. In third place, with 7.4%, is GUILD MORTGAGE COMPANY, having originated $94,840,000 in loans. In fourth place, with 5.1%, is Mechanics Bank, having originated $65,315,000 in loans. In fifth place, with 4.2%, is Banner Bank, having originated $53,990,000 in loans.
MEDFORD Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - MEDFORD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $399,500 (3.3%) | $586,557 (2.4%) | 1.48 | 745 |
| 2018-02-01 | $412,100 (3.4%) | $594,461 (3.2%) | 1.50 | 758 |
| 2018-03-01 | $410,000 (3.8%) | $594,480 (5.2%) | 1.44 | 799 |
| 2018-04-01 | $400,000 (-0.6%) | $573,661 (-3.7%) | 1.36 | 877 |
| 2018-05-01 | $422,000 (4.0%) | $583,464 (-0.7%) | 1.41 | 958 |
| 2018-06-01 | $430,000 (7.5%) | $612,892 (5.4%) | 1.43 | 1,004 |
| 2018-07-01 | $428,125 (7.3%) | $586,293 (-0.5%) | 1.43 | 1,096 |
| 2018-08-01 | $409,475 (3.7%) | $567,569 (0.8%) | 1.37 | 1,106 |
| 2018-09-01 | $400,000 (1.3%) | $563,130 (-2.6%) | 1.34 | 1,140 |
| 2018-10-01 | $399,950 (1.9%) | $555,395 (-2.3%) | 1.35 | 1,205 |
| 2018-11-01 | $399,975 (0.1%) | $567,113 (1.2%) | 1.36 | 1,161 |
| 2018-12-01 | $399,900 (0.0%) | $561,137 (-3.9%) | 1.38 | 1,037 |
| 2019-01-01 | $399,900 (0.1%) | $553,816 (-5.6%) | 1.38 | 939 |
| 2019-02-01 | $399,900 (-3.0%) | $558,588 (-6.0%) | 1.35 | 952 |
| 2019-03-01 | $408,514 (-0.4%) | $566,999 (-4.6%) | 1.34 | 1,004 |
| 2019-04-01 | $424,500 (6.1%) | $573,978 (0.1%) | 1.35 | 1,076 |
| 2019-05-01 | $442,000 (4.7%) | $584,820 (0.2%) | 1.38 | 1,166 |
| 2019-06-01 | $439,000 (2.1%) | $582,119 (-5.0%) | 1.37 | 1,266 |
| 2019-07-01 | $424,500 (-0.9%) | $581,144 (-0.9%) | 1.33 | 1,246 |
| 2019-08-01 | $417,245 (1.9%) | $582,603 (2.7%) | 1.32 | 1,202 |
| 2019-09-01 | $413,114 (3.3%) | $585,737 (4.0%) | 1.32 | 1,141 |
| 2019-10-01 | $404,950 (1.3%) | $583,366 (5.0%) | 1.31 | 1,096 |
| 2019-11-01 | $407,000 (1.8%) | $586,971 (3.5%) | 1.33 | 956 |
| 2019-12-01 | $408,500 (2.2%) | $596,749 (6.4%) | 1.36 | 795 |
| 2020-01-01 | $399,950 (0.0%) | $604,484 (9.2%) | 1.34 | 703 |
| 2020-02-01 | $416,450 (4.1%) | $610,166 (9.2%) | 1.36 | 692 |
| 2020-03-01 | $437,000 (7.0%) | $639,712 (12.8%) | 1.37 | 699 |
| 2020-04-01 | $435,000 (2.5%) | $636,647 (10.9%) | 1.36 | 752 |
| 2020-05-01 | $449,450 (1.7%) | $646,115 (10.5%) | 1.37 | 701 |
| 2020-06-01 | $460,750 (5.0%) | $665,598 (14.3%) | 1.36 | 615 |
| 2020-07-01 | $460,950 (8.6%) | $668,741 (15.1%) | 1.34 | 562 |
| 2020-08-01 | $475,000 (13.8%) | $666,949 (14.5%) | 1.36 | 506 |
| 2020-09-01 | $484,000 (17.2%) | $681,578 (16.4%) | 1.39 | 402 |
| 2020-10-01 | $484,900 (19.7%) | $684,225 (17.3%) | 1.39 | 321 |
| 2020-11-01 | $486,500 (19.5%) | $692,166 (17.9%) | 1.42 | 311 |
| 2020-12-01 | $499,500 (22.3%) | $671,052 (12.5%) | 1.49 | 294 |
| 2021-01-01 | $500,000 (25.0%) | $688,603 (13.9%) | 1.49 | 246 |
| 2021-02-01 | $503,625 (20.9%) | $722,127 (18.4%) | 1.47 | 244 |
| 2021-03-01 | $499,000 (14.2%) | $680,957 (6.5%) | 1.42 | 278 |
| 2021-04-01 | $483,750 (11.2%) | $663,530 (4.2%) | 1.31 | 272 |
| 2021-05-01 | $518,000 (15.3%) | $686,912 (6.3%) | 1.38 | 316 |
| 2021-06-01 | $525,000 (13.9%) | $679,280 (2.1%) | 1.38 | 376 |
| 2021-07-01 | $512,000 (11.1%) | $679,957 (1.7%) | 1.35 | 417 |
| 2021-08-01 | $514,000 (8.2%) | $673,208 (0.9%) | 1.37 | 449 |
| 2021-09-01 | $499,500 (3.2%) | $658,231 (-3.4%) | 1.33 | 498 |
| 2021-10-01 | $510,000 (5.2%) | $666,876 (-2.5%) | 1.36 | 557 |
| 2021-11-01 | $523,500 (7.6%) | $694,541 (0.3%) | 1.40 | 499 |
| 2021-12-01 | $512,500 (2.6%) | $709,732 (5.8%) | 1.39 | 416 |
| 2022-01-01 | $549,250 (9.9%) | $743,280 (7.9%) | 1.48 | 341 |
| 2022-02-01 | $577,425 (14.7%) | $768,770 (6.5%) | 1.50 | 341 |
| 2022-03-01 | $550,000 (10.2%) | $748,428 (9.9%) | 1.38 | 376 |
| 2022-04-01 | $552,500 (14.2%) | $727,212 (9.6%) | 1.32 | 464 |
| 2022-05-01 | $556,250 (7.4%) | $717,151 (4.4%) | 1.27 | 605 |
| 2022-06-01 | $557,500 (6.2%) | $720,456 (6.1%) | 1.24 | 716 |
| 2022-07-01 | $535,000 (4.5%) | $699,466 (2.9%) | 1.21 | 839 |
| 2022-08-01 | $529,450 (3.0%) | $698,940 (3.8%) | 1.22 | 836 |
| 2022-09-01 | $528,750 (5.9%) | $695,272 (5.6%) | 1.24 | 766 |
| 2022-10-01 | $534,900 (4.9%) | $719,484 (7.9%) | 1.26 | 745 |
| 2022-11-01 | $524,975 (0.3%) | $706,794 (1.8%) | 1.26 | 706 |
| 2022-12-01 | $510,000 (-0.5%) | $715,888 (0.9%) | 1.26 | 626 |
| 2023-01-01 | $517,225 (-5.8%) | $723,692 (-2.6%) | 1.28 | 533 |
| 2023-02-01 | $548,000 (-5.1%) | $753,862 (-1.9%) | 1.32 | 501 |
| 2023-03-01 | $541,925 (-1.5%) | $743,258 (-0.7%) | 1.28 | 516 |
| 2023-04-01 | $544,950 (-1.4%) | $738,022 (1.5%) | 1.27 | 532 |
| 2023-05-01 | $549,000 (-1.3%) | $741,518 (3.4%) | 1.24 | 624 |
| 2023-06-01 | $552,500 (-0.9%) | $767,250 (6.5%) | 1.24 | 675 |
| 2023-07-01 | $549,900 (2.8%) | $753,810 (7.8%) | 1.25 | 706 |
| 2023-08-01 | $550,000 (3.9%) | $741,088 (6.0%) | 1.26 | 679 |
| 2023-09-01 | $535,000 (1.2%) | $710,473 (2.2%) | 1.25 | 696 |
| 2023-10-01 | $505,000 (-5.6%) | $685,860 (-4.7%) | 1.19 | 725 |
| 2023-11-01 | $525,000 (0.0%) | $718,529 (1.7%) | 1.25 | 673 |
| 2023-12-01 | $514,500 (0.9%) | $700,194 (-2.2%) | 1.25 | 628 |
| 2024-01-01 | $499,000 (-3.5%) | $687,083 (-5.1%) | 1.22 | 562 |
| 2024-02-01 | $499,473 (-8.9%) | $684,429 (-9.2%) | 1.20 | 541 |
| 2024-03-01 | $529,500 (-2.3%) | $706,215 (-5.0%) | 1.25 | 597 |
| 2024-04-01 | $526,750 (-3.3%) | $715,120 (-3.1%) | 1.23 | 672 |
| 2024-05-01 | $554,750 (1.1%) | $750,569 (1.2%) | 1.25 | 725 |
| 2024-06-01 | $550,000 (-0.5%) | $749,626 (-2.3%) | 1.24 | 751 |
| 2024-07-01 | $552,863 (0.5%) | $754,045 (0.0%) | 1.26 | 806 |
| 2024-08-01 | $540,000 (-1.8%) | $733,501 (-1.0%) | 1.26 | 863 |
| 2024-09-01 | $531,970 (-0.6%) | $719,462 (1.3%) | 1.25 | 917 |
| 2024-10-01 | $534,750 (5.9%) | $710,617 (3.6%) | 1.26 | 963 |
MEDFORD's median listing price for 2024-10-01 was $534,750, a difference of
$29,750
(5.9%) versus the prior year and
$2,780 versus the prior month.
MEDFORD's median listing price comes in at 126% of the national average.
MEDFORD's average listing price for 2024-10-01 was $710,617, a difference of $24,757 (3.6%) versus the prior year and $-8,845 versus the prior month.
For the 2024-10-01 period, MEDFORD had 963 MLS listings, a difference of 46 listings (5%) versus the prior month and 238 listings (33%) versus the prior year.
MEDFORD's median listing price comes in at 126% of the national average.
MEDFORD's average listing price for 2024-10-01 was $710,617, a difference of $24,757 (3.6%) versus the prior year and $-8,845 versus the prior month.
For the 2024-10-01 period, MEDFORD had 963 MLS listings, a difference of 46 listings (5%) versus the prior month and 238 listings (33%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MEDFORD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 80 days | 1,900 sqft |
| 2018-02-01 | 74 days | 1,911 sqft |
| 2018-03-01 | 61 days | 1,931 sqft |
| 2018-04-01 | 50 days | 1,936 sqft |
| 2018-05-01 | 50 days | 1,987 sqft |
| 2018-06-01 | 51 days | 2,026 sqft |
| 2018-07-01 | 53 days | 2,016 sqft |
| 2018-08-01 | 59 days | 1,982 sqft |
| 2018-09-01 | 71 days | 1,962 sqft |
| 2018-10-01 | 71 days | 1,937 sqft |
| 2018-11-01 | 67 days | 1,946 sqft |
| 2018-12-01 | 78 days | 1,918 sqft |
| 2019-01-01 | 87 days | 1,881 sqft |
| 2019-02-01 | 83 days | 1,889 sqft |
| 2019-03-01 | 69 days | 1,903 sqft |
| 2019-04-01 | 52 days | 1,930 sqft |
| 2019-05-01 | 45 days | 1,999 sqft |
| 2019-06-01 | 50 days | 1,981 sqft |
| 2019-07-01 | 59 days | 1,938 sqft |
| 2019-08-01 | 65 days | 1,933 sqft |
| 2019-09-01 | 70 days | 1,943 sqft |
| 2019-10-01 | 73 days | 1,937 sqft |
| 2019-11-01 | 75 days | 1,938 sqft |
| 2019-12-01 | 78 days | 1,874 sqft |
| 2020-01-01 | 80 days | 1,860 sqft |
| 2020-02-01 | 72 days | 1,858 sqft |
| 2020-03-01 | 45 days | 1,909 sqft |
| 2020-04-01 | 49 days | 1,907 sqft |
| 2020-05-01 | 60 days | 2,026 sqft |
| 2020-06-01 | 69 days | 2,056 sqft |
| 2020-07-01 | 69 days | 2,086 sqft |
| 2020-08-01 | 61 days | 2,071 sqft |
| 2020-09-01 | 68 days | 2,113 sqft |
| 2020-10-01 | 78 days | 2,042 sqft |
| 2020-11-01 | 59 days | 1,984 sqft |
| 2020-12-01 | 57 days | 1,914 sqft |
| 2021-01-01 | 66 days | 1,893 sqft |
| 2021-02-01 | 44 days | 1,872 sqft |
| 2021-03-01 | 39 days | 1,906 sqft |
| 2021-04-01 | 43 days | 1,846 sqft |
| 2021-05-01 | 33 days | 1,882 sqft |
| 2021-06-01 | 38 days | 1,882 sqft |
| 2021-07-01 | 39 days | 1,879 sqft |
| 2021-08-01 | 43 days | 1,868 sqft |
| 2021-09-01 | 43 days | 1,848 sqft |
| 2021-10-01 | 44 days | 1,838 sqft |
| 2021-11-01 | 54 days | 1,869 sqft |
| 2021-12-01 | 67 days | 1,835 sqft |
| 2022-01-01 | 75 days | 1,865 sqft |
| 2022-02-01 | 54 days | 1,927 sqft |
| 2022-03-01 | 40 days | 1,841 sqft |
| 2022-04-01 | 38 days | 1,860 sqft |
| 2022-05-01 | 36 days | 1,851 sqft |
| 2022-06-01 | 40 days | 1,882 sqft |
| 2022-07-01 | 46 days | 1,825 sqft |
| 2022-08-01 | 56 days | 1,825 sqft |
| 2022-09-01 | 65 days | 1,811 sqft |
| 2022-10-01 | 73 days | 1,829 sqft |
| 2022-11-01 | 80 days | 1,836 sqft |
| 2022-12-01 | 86 days | 1,796 sqft |
| 2023-01-01 | 94 days | 1,822 sqft |
| 2023-02-01 | 92 days | 1,858 sqft |
| 2023-03-01 | 59 days | 1,866 sqft |
| 2023-04-01 | 53 days | 1,840 sqft |
| 2023-05-01 | 49 days | 1,858 sqft |
| 2023-06-01 | 49 days | 1,891 sqft |
| 2023-07-01 | 56 days | 1,894 sqft |
| 2023-08-01 | 62 days | 1,890 sqft |
| 2023-09-01 | 64 days | 1,886 sqft |
| 2023-10-01 | 65 days | 1,828 sqft |
| 2023-11-01 | 72 days | 1,828 sqft |
| 2023-12-01 | 78 days | 1,798 sqft |
| 2024-01-01 | 84 days | 1,785 sqft |
| 2024-02-01 | 82 days | 1,777 sqft |
| 2024-03-01 | 59 days | 1,836 sqft |
| 2024-04-01 | 49 days | 1,852 sqft |
| 2024-05-01 | 51 days | 1,881 sqft |
| 2024-06-01 | 54 days | 1,900 sqft |
| 2024-07-01 | 61 days | 1,925 sqft |
| 2024-08-01 | 63 days | 1,920 sqft |
| 2024-09-01 | 73 days | 1,884 sqft |
| 2024-10-01 | 80 days | 1,878 sqft |
MEDFORD's median listing age (time on market) for 2024-10-01 was 80 days.
This
is 23%
longer
than the same period one year ago.
MEDFORD's median square footage for active listings during the 2024-10-01 period was 1,878 sqft. One year prior, the average listing was 1,828 sqft.
MEDFORD's median square footage for active listings during the 2024-10-01 period was 1,878 sqft. One year prior, the average listing was 1,828 sqft.
MEDFORD, OR Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 97497 | Medford, OR MSA | $780 | $890 | $1,170 | $1,660 | $1,850 |
| 97501 | Medford, OR MSA | $820 | $930 | $1,220 | $1,730 | $2,080 |
| 97502 | Medford, OR MSA | $900 | $1,030 | $1,350 | $1,920 | $2,300 |
| 97503 | Medford, OR MSA | $890 | $1,010 | $1,330 | $1,890 | $2,270 |
| 97504 | Medford, OR MSA | $850 | $960 | $1,270 | $1,800 | $2,160 |
| 97520 | Medford, OR MSA | $950 | $1,080 | $1,420 | $2,020 | $2,420 |
| 97522 | Medford, OR MSA | $750 | $820 | $1,080 | $1,530 | $1,850 |
| 97524 | Medford, OR MSA | $1,020 | $1,150 | $1,520 | $2,160 | $2,590 |
| 97525 | Medford, OR MSA | $910 | $1,030 | $1,360 | $1,930 | $2,320 |
| 97526 | Medford, OR MSA | $770 | $870 | $1,150 | $1,630 | $1,850 |
| 97527 | Medford, OR MSA | $840 | $960 | $1,260 | $1,790 | $1,990 |
| 97530 | Medford, OR MSA | $1,040 | $1,190 | $1,560 | $2,220 | $2,660 |
| 97535 | Medford, OR MSA | $750 | $840 | $1,110 | $1,580 | $1,890 |
| 97536 | Medford, OR MSA | $750 | $820 | $1,080 | $1,530 | $1,850 |
| 97537 | Medford, OR MSA | $800 | $910 | $1,200 | $1,710 | $2,040 |
| 97539 | Medford, OR MSA | $1,050 | $1,190 | $1,570 | $2,230 | $2,670 |
| 97540 | Medford, OR MSA | $930 | $1,060 | $1,390 | $1,980 | $2,370 |
| 97541 | Medford, OR MSA | $810 | $890 | $1,170 | $1,650 | $1,990 |
| 97544 | Medford, OR MSA | $1,040 | $1,180 | $1,550 | $2,200 | $2,430 |
2022 Average & Median Rent Data Statistics
MEDFORD, OR average 1BR rent: $990, median: $960
MEDFORD, OR average 2BR rent: $1,303, median: $1,270
MEDFORD, OR average 3BR rent: $1,851, median: $1,800
MEDFORD, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,198 | $855,640,000 | $389,281 |
| Home Improvement | 535 | $55,785,000 | $104,271 |
| Other | 457 | $42,015,000 | $91,937 |
| Cash Out Refi | 347 | $78,975,000 | $227,594 |
| Refi | 250 | $252,470,000 | $1,009,880 |
Medford's most frequently cited loan purpose was Home Purchase, with 2,198 originations. The 2nd most popular reason was Home Improvement, with 535 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,207 | $406,365,000 | $336,674 |
| Over 8% | 980 | $106,620,000 | $108,796 |
| 7-8% | 899 | $252,015,000 | $280,328 |
| 5-6% | 471 | $379,495,000 | $805,722 |
| 4-5% | 37 | $18,545,000 | $501,216 |
| 3-4% | 11 | $44,285,000 | $4,025,909 |
| 2.5-3% | 6 | $2,020,000 | $336,667 |
| <2.5% | 3 | $145,000 | $48,333 |
During 2023, Medford's most frequently originated rate bucket was 6-7%, with 1,207 originations.
Loan Sizing (MEDFORD, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,506 | $451,680,000 | $299,920 |
| $100,000 or less | 941 | $49,735,000 | $52,853 |
| $100k-200k | 584 | $83,560,000 | $143,082 |
| $400k-600k | 536 | $255,040,000 | $475,821 |
| $600k-1000k | 161 | $114,965,000 | $714,068 |
| $Over $1MM | 59 | $329,905,000 | $5,591,610 |
MEDFORD's loan sizing saw the bucket of loans from $200k-400k with 1,506 originations, totaling $451,680,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,243 | $466,385,000 | $375,209 |
| Under 20% | 880 | $54,540,000 | $61,977 |
| 60-80% | 656 | $318,940,000 | $486,189 |
| 20-40% | 459 | $69,975,000 | $152,451 |
| 40-60% | 326 | $100,930,000 | $309,601 |
| Over 100% | 37 | $196,005,000 | $5,297,432 |
MEDFORD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,243 originations, totaling $466,385,000 in origination value.