Metro area index
Home appreciation in the Grants Pass, OR metro area
FHFA HPI® data shows the Grants Pass, OR metro area's all-transactions index changed -5.2% over the year to Q2 2026, versus +1.6% for Oregon and +3.0% for the U.S. That ranks 409th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- -5.2%
- 5-year change
- +15.3%
- Since Q1 1995
- +282%
- Metro rank (1 year)
- 409th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Grants Pass, OR vs Oregon and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Grants Pass, OR: 382.4
- Oregon: 447.6
- United States: 391.6
Appreciation by time window
| Window | Metro | OR | U.S. | Gap vs OR | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -5.2% | +1.6% | +3.0% | −6.8 pts | −8.2 pts |
| 3 years | +1.4% | +6.0% | +12.9% | −4.6 pts | −11.5 pts |
| 5 years | +15.3% | +23.8% | +41.3% | −8.6 pts | −26.0 pts |
| 10 years | +71.2% | +80.0% | +93.3% | −8.8 pts | −22.2 pts |
| Since Q1 1995 | +282% | +348% | +292% | −65.2 pts | −9.2 pts |
3-digit ZIP regions in the Grants Pass, OR area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 975 · Medford, OR area | OR | +1.5% | +20.4% | +302% | 29% |
Boom, bust, and recovery in Grants Pass, OR area
Grants Pass, OR area's index peaked in Q4 2006, fell 38.8% to its low in Q2 2012, and regained its peak in Q2 2019, about 12.5 years after the top. Today it sits +39.9% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2006 | Q2 2012 | -38.8% | Q2 2019 (12.5 yrs) | +39.9% |
| OR | Q2 2007 | Q2 2012 | -26.0% | Q1 2016 (8.8 yrs) | +87.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Grants Pass, OR area's index has changed +72.7% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | OR after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -8.7% | -2.1% | -0.8% |
| 3 years | +9.8% | -7.7% | -3.5% | +2.8% |
| 5 years | +24.0% | -7.1% | -0.1% | +13.9% |
| 10 years | +39.1% | +23.1% | +29.4% | +39.0% |
| Since Q1 1995 | +121% | +72.7% | +102% | +76.8% |
If you bought in the Grants Pass, OR area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +270% | $1,111,413 |
| Q2 2000 | +210% | $929,584 |
| Q2 2005 | +62.8% | $488,316 |
| Q2 2010 | +103% | $608,142 |
| Q2 2015 | +84.0% | $552,096 |
| Q2 2020 | +32.0% | $395,900 |
| Q2 2021 | +15.3% | $345,771 |
| Q2 2023 | +1.4% | $304,055 |
| Q2 2025 | -5.2% | $284,404 |
Frequently asked questions
- How much have home prices risen in the Grants Pass, OR area?
- FHFA HPI® data for the Grants Pass, OR metro area shows changes of -5.2% over one year, +15.3% over five years, and +71.2% over ten years to Q2 2026, and +282% since Q1 1995.
- Is the Grants Pass, OR area beating the national average?
- Over the past year the metro's index moved −8.2 pts versus the U.S.; over five years the gap is −26.0 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.