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 7.08% for the week of 2024-07-11, compared to the national average of 6.89% for the same period.

The average rate for the prior week (2024-07-03) was 7.04% and one month ago for the week of 2024-06-06, the average rate was 6.78%.

Medford's average rate one year ago was 6.9%.

For refis of the same type during the week of 2024-07-11, the average rate was 6.99%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-11 6.89%
Medford 30 Year Fixed Rate 2024-07-11 7.08%
Medford 30 Year Fixed Rate Refi 2024-07-11 6.99%
Medford 15 Year Fixed Rate 2024-07-11 6.37%
Medford 15 Year Fixed Rate Refi 2024-07-11 6.67%
Medford 30 Year FHA 2024-07-11 6.3%
Medford 30 Year FHA Refi 2024-07-11 6.46%
Medford 30 Year USDA 2024-07-11 6.57%
Medford 30 Year USDA Refi 2024-07-11 6.57%
Medford 30 Year VA 2024-07-11 6.23%
Medford 30 Year VA Refi 2024-07-11 6.26%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUILD MORTGAGE COMPANY 181 6.88% $7,968
ROGUE 176 6.88% $5,543
QUICKEN LOANS, LLC 78 6.68% $7,936
MOVEMENT MORTGAGE, LLC 65 7.03% $8,690
UNITED WHOLESALE MORTGAGE, LLC 59 6.65% $9,901
CROSSCOUNTRY MORTGAGE, LLC 58 6.92% $9,864
Willamette Valley Bank 47 6.85% $8,917
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 44 6.89% $11,792
Nations Lending Corporation 44 6.70% $5,343
Umpqua Bank 38 6.79% $5,829
MORTGAGE EXPRESS, LLC 33 6.84% $6,525
JPMorgan Chase Bank 30 6.44% $5,680
U.S. Bank 30 6.69% $6,299
MUTUAL OF OMAHA MORTGAGE, INC. 28 6.88% $9,279
LOANDEPOT.COM, LLC 27 6.36% $10,034
CMG MORTGAGE, INC. 21 6.28% $10,838
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 21 6.74% $9,864
PENNYMAC LOAN SERVICES, LLC 19 6.74% $7,229
Sierra Pacific Mortgage Company, Inc. 18 6.80% $7,197
S1L, Inc. 15 6.82% $7,406
The Loan Store, Inc. 14 6.94% $6,678
NEWREZ LLC 13 7.25% $6,687
SUMMIT FUNDING, INC. 12 6.85% $9,196
Wells Fargo Bank 12 6.77% $4,757
PREMIER MORTGAGE RESOURCES, L.L.C. 11 6.49% $12,058
TWINSTAR 9 6.78% $8,279
ACADEMY MORTGAGE CORPORATION 7 6.79% $10,034
PACIFIC RESIDENTIAL MORTGAGE, LLC 6 6.85% $8,648
KeyBank 6 6.33% $6,704
Bank of America 6 7.08% $5,150
Century Mortgage Company DBA Century Lending Company 6 6.92% $8,749
NAVY FEDERAL CREDIT UNION 6 6.15% $5,838
AMERICAN PACIFIC MORTGAGE CORPORATION 6 7.00% $6,537
BROKER SOLUTIONS, INC. 6 6.81% $8,090
Mr. Cooper ( Nationstar Mortgage ) 5 6.72% $9,317
NATIONS DIRECT MORTGAGE, LLC 5 6.75% $10,293
DEEPHAVEN MORTGAGE LLC 5 8.42% $9,529
DHI MORTGAGE COMPANY, LTD. 5 5.87% $3,027
Morgan Stanley Private Bank 5 5.62% $4,156
MOUNTAIN WEST FINANCIAL, INC. 5 6.60% $10,335
MANN FINANCIAL INC. 4 6.81% $7,240
FIRST TECHNOLOGY 4 6.56% $3,712
Banner Bank 4 7.19% $5,954
Washington Federal Bank 4 6.59% $18,212
DIRECTORS MORTGAGE, INC. 4 6.72% $10,806
CANOPY MORTGAGE, LLC 4 6.75% $7,685
Flagstar Bank, FSB 4 6.83% $7,102
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.50% $10,422
NEXERA HOLDING LLC 3 9.17% $8,872
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.83% $4,899
AMERICAN FINANCING CORPORATION 3 6.33% $8,080
PLAZA HOME MORTGAGE, INC. 3 7.21% $13,953
GUARANTEED RATE, INC. 3 5.97% $7,268
First Interstate Bank 3 6.96% $5,920
Prosperity Home Mortgage, LLC 3 6.79% $8,704
ARC HOME LLC 3 7.96% $21,796
USAA Federal Savings Bank 3 6.21% $5,495
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.37% $6,663
CHURCHILL MORTGAGE CORPORATION 3 6.41% $12,074
OCMBC, INC. 3 5.17% $7,569
AMERICAN INTERNET MORTGAGE, INC. 3 6.00% $8,233
Barrington Bank & Trust Company, N.A. 3 6.42% $5,160
FREEDOM MORTGAGE CORPORATION 2 7.56% $7,225
Boeing Employees Credit Union 2 6.63% $3,575
SAMMAMISH MORTGAGE COMPANY 2 6.44% $5,051
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.81% $6,379
HOMEXPRESS MORTGAGE CORP. 2 8.06% $8,967
BMO Harris Bank 2 5.75% $5,856
1st Security Bank of Washington 2 6.88% $13,340
Paramount Residential Mortgage Group, Inc. 2 6.94% $5,476
ONY GLO, INC. 2 6.62% $7,117
Charles Schwab Bank, SSB 2 5.96% $3,732
OnPoint Community Credit Union 2 7.00% $5,905
LEADERONE FINANCIAL CORPORATION 2 7.06% $6,528
LENDSURE MORTGAGE CORP. 2 8.75% $17,448
NexBank 2 7.44% $15,159
Mortgage Research Center, LLC 2 6.94% $3,908
DAS Acquisition Company, LLC 2 7.50% $9,579
Zions Bank 1 6.88% $8,520
AHL FUNDING 1 6.50% $9,644
ALAMEDA MORTGAGE CORPORATION 1 7.25% $10,307
Ally Bank 1 6.50% $3,954
AMCAP MORTGAGE, LTD. 1 7.63% $16,278
American Mortgage & Equity Consultants, Inc. 1 6.50% $10,400
AMERISAVE MORTGAGE CORPORATION 1 5.75% $20,730
Bank of the Pacific 1 6.62% $4,808
BAY-VALLEY MORTGAGE GROUP 1 6.50% $7,377
BECKAM FUNDING CORP. 1 6.87% $12,736
CALIBER HOME LOANS, INC. 1 6.38% $5,262
CARDINAL FINANCIAL 1 6.50% $12,094
Carrington Mortgage Services, LLC 1 5.63% $11,799
CHERRY CREEK MORTGAGE, LLC 1 6.00% $664
City National Bank 1 6.50% $6,354
City National Bank of Florida 1 6.75% $3,851
Discover Bank 1 8.24% $0
Equity Prime Mortgage LLC 1 7.50% $18,927
Evolve Bank & Trust 1 6.12% $5,139
FIRST COMMUNITY 1 6.50% $3,207
First State Bank of St. Charles, Missouri 1 6.38% $5,559
Franklin Loan Corporation 1 7.63% $4,460
GENEVA FINANCIAL, LLC 1 6.50% $16,938
Golden Empire Mortgage, Inc. 1 6.63% $5,418
GoPrime Mortgage, Inc. 1 6.62% $8,649
GSF Mortgage Corporation 1 6.38% $9,543
GUIDANCE RESIDENTIAL, LLC 1 6.88% $7,285
LADERA LENDING, INC. 1 6.50% $3,655
LAKEVIEW LOAN SERVICING, LLC 1 6.99% $7,803
LENOX FINANCIAL MORTGAGE CORPORATION 1 6.38% $7,778
LOANPAL, LLC 1 8.13% $8,120
LPMC, LLC 1 5.88% $4,506
MARION AND POLK SCHOOLS CREDIT UNION 1 7.00% $5,371
MICHIGAN MUTUAL, INC. 1 7.25% $5,872
MY MORTGAGE, INC. 1 6.63% $8,336
NFM, INC. 1 6.63% $9,044
Northwest Farm Credit Services, FLCA 1 7.45% $14,718
NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.38% $7,812
NP, Inc. 1 9.00% $36,491
OREGON COMMUNITY 1 6.25% $3,597
Oregon State Credit Union 1 6.13% $3,947
PENTAGON FEDERAL CREDIT UNION 1 5.63% $5,574
PNC Bank 1 5.88% $9,746
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $13,731
SCENIC OAKS FUNDING, INC. 1 7.62% $6,180
SELCO COMMUNITY 1 5.38% $2,978
SIRVA MORTGAGE, INC. 1 6.38% $865
STAR ONE CREDIT UNION 1 6.00% $2,822
SUMMIT MORTGAGE CORPORATION 1 7.13% $8,061
The Federal Savings Bank 1 7.13% $10,386
The Huntington National Bank 1 7.88% $7,489
TRIAD FINANCIAL SERVICES, INC. 1 8.00% $3,465
Tri Counties Bank 1 6.63% $4,402
Truist 1 6.60% $3,186
UBS Bank USA 1 7.63% $3,585
UNION HOME MORTGAGE CORP. 1 7.50% $5,181
Unitus Community Credit Union 1 7.38% $1,785
V.I.P. MORTGAGE, INC. 1 6.88% $4,609
Watermark Capital, Inc. 1 6.88% $2,849

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 $552,000 (-0.1%) $754,836 (-1.6%) 1.24 751
MEDFORD's median listing price for 2024-06-01 was $552,000, a difference of $-500 (-0.1%) versus the prior year and $-2,750 versus the prior month.

MEDFORD's median listing price comes in at 124% of the national average.

MEDFORD's average listing price for 2024-06-01 was $754,836, a difference of $-12,414 (-1.6%) versus the prior year and $4,267 versus the prior month.

For the 2024-06-01 period, MEDFORD had 751 MLS listings, a difference of 26 listings (4%) versus the prior month and 76 listings (11%) 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 1,909 sqft
MEDFORD's median listing age (time on market) for 2024-06-01 was 54 days. This is 11% longer than the same period one year ago.

MEDFORD's median square footage for active listings during the 2024-06-01 period was 1,909 sqft. One year prior, the average listing was 1,891 sqft.

MEDFORD, OR Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
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.