Medford Oregon Homes Sold 3rd Qtr. 2020

444 Single Family Homes Sold in Medford Oregon in the 3rd Qtr. of 2020

Per Department of Numbers there are 36.52% tenants in Medford, Oregon. So the percentage of home owners is approximately 63.5%, which is a healthy number.

Those 444 homes sold in the 3rd quarter from July to end of September 2020,  This was a total of approximately 176 million dollars. The average number of days on the market was 36 days and the average price per square foot was $202.7 approximately. Medford Oregon Real Estate is in high demand. 

**Market has already recovered from the fires. Pending sales in Jackson County are at 170 same as before. If you are buying at $300,000 and under be prepared for a fight! We are seeing 4 to 5 offers per property. Some fire victims have cash and want a quick close to get on with their lives! As of end of September there are approx. 351 residential listings in Jackson County! Multif family, multi generational properties (more than one residence) are in demand, even more so after the fire. 

Out of the total sold approximate numbers were: ** Statistics were taken from the Medford Oregon MLS

• under $200,000 - 20
• $200,000 to $250,000 - 47
• $250,000 to $300,000  - 75
• $300,000 to  $350,000 -100
• $350,000 to $400,000 - 63
• $400,000 to $500,000 - 79
• $500,000 to $600,000 - 28
• Above $600,000           - 32

Some sold above list and some under. 

Under $200,000 - least expensive listing was

1132 W. 11th, Medford Oregon 97501  The home was 1141 sq ft. on a 7400 sq ft. lot. This had to be a cash sale as lots of deferred maintenance.  Sold for $119,000

Price range starting at $250,000 & under

842 Murphy Rd., Medford, Oregon 97504 The home was 1040 sq ft on a 8276 sq ft. lot.  This was an updated ranch home, 2 bedroom, 1 bath that sold in 7 days. Sold for $250,00

Price Range Under $300,00

2251 Spring St., Medford, Oregon 97504  The home  was over 1700 sq ft., 4 bedroom, 2 bath on a 10,454 sq ft. lot.  Sold for $305,000

Price range $300,000 to $350,000

2279 Perri Pl, Medford, Oregon 97504  The home was 1536 sq ft. on a 7405 sq ft lot and was 3 bedrooms, 2 baths. The home sold for $335,000 which was almost full list price and sold in 18 days on the market.

Price range $350,000 to $400,000

543 Pierce Rd, Medford, Oregon 97504  The home was 2184 sq ft., 3 bedroom, 3 bath on a 16,988 sq ft. lot. The home sold for $390,000 which was a little above full price in only 6 days. 

Price Range $400,000 to $500,000

1724 Kaufman Way, Medford, Oregon 97501  The home was 2350 sq ft., 4 bedroom, 3 bath on a 6970 sq ft. lot. This home sold in 12 days for $404,000.

Price Range $500,000 to $600,000

2451 Quail Run Dr., Medford, Oregon 97504  The home was 2628 sq ft. , 4 bedroom, 3 bath on a 12,197 sq ft. lot  Home completely redone in 2017.  The home sold for $554,900 which was above list price. 

Price range above $600,000

4400 Independence School Rd., Medford, Oregon 97501  This home was 3441 sq ft., 3 bedroom, 3 bath on almost 6 1/2 acres. Has irrigation, solar that covers 80% of electric bill and much more. Sold for $765,000

Highest Price Sale for 3rd Quarter

5642 Autumn Park Dr., Medford, Oregon 97504 This home was 6,000 sq ft on a little over a half acre. It had 5 bedrooms, 6 baths and was a very dramatic home with panoramic views. Incredible features outdoor fireplace, waterfall and much, much more. Sold for $1,455,000 after only 12 days on the market!

Are you thinking of selling? Or need buyer representation? Give Alice Lema a call. 541-301-7980