Medford, OR Real Estate
According to census data in the year 2000 there were 26,310 housing units in Medford.
This represents a 33.7% growth from 19,684 in 1990.
Of those housing units, 26,293 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.
Homeownership rate in Medford is about 57.1%.
Medford's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Medford were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.40% |
| One Bedroom | 14% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 43.90% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $132,400 |
| Median Price asked for vacant units | $143,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $519 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.20% |
| Home Equity Loan | 8% |
| Simple Mortgage | 54.90% |
| Debt Free | 26.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
