Metro area index
Home appreciation in the Medford, OR metro area
FHFA HPI® data shows the Medford, OR metro area's all-transactions index changed +3.9% over the year to Q2 2026, versus +1.6% for Oregon and +3.0% for the U.S. That ranks 165th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.9%
- 5-year change
- +22.0%
- Since Q1 1995
- +308%
- Metro rank (1 year)
- 165th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Medford, OR vs Oregon and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Medford, OR: 407.5
- 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 | +3.9% | +1.6% | +3.0% | +2.2 pts | +0.8 pts |
| 3 years | +8.8% | +6.0% | +12.9% | +2.8 pts | −4.1 pts |
| 5 years | +22.0% | +23.8% | +41.3% | −1.9 pts | −19.3 pts |
| 10 years | +81.1% | +80.0% | +93.3% | +1.2 pts | −12.2 pts |
| Since Q1 1995 | +308% | +348% | +292% | −40.0 pts | +16.0 pts |
3-digit ZIP regions in the Medford, 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% | 71% |
Boom, bust, and recovery in Medford, OR area
Medford, OR area's index peaked in Q2 2006, fell 41.1% to its low in Q2 2012, and regained its peak in Q3 2019, about 13.2 years after the top. Today it sits +47.5% 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 | Q2 2006 | Q2 2012 | -41.1% | Q3 2019 (13.2 yrs) | +47.5% |
| 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, Medford, OR area's index has changed +84.1% 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% | +0.0% | -2.1% | -0.8% |
| 3 years | +9.8% | -0.9% | -3.5% | +2.8% |
| 5 years | +24.0% | -1.6% | -0.1% | +13.9% |
| 10 years | +39.1% | +30.2% | +29.4% | +39.0% |
| Since Q1 1995 | +121% | +84.1% | +102% | +76.8% |
If you bought in the Medford, 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 | +298% | $1,194,169 |
| Q2 2000 | +213% | $940,020 |
| Q2 2005 | +67.6% | $502,772 |
| Q2 2010 | +118% | $655,053 |
| Q2 2015 | +94.9% | $584,747 |
| Q2 2020 | +42.4% | $427,330 |
| Q2 2021 | +22.0% | $365,957 |
| Q2 2023 | +8.8% | $326,346 |
| Q2 2025 | +3.9% | $311,607 |
Frequently asked questions
- How much have home prices risen in the Medford, OR area?
- FHFA HPI® data for the Medford, OR metro area shows changes of +3.9% over one year, +22.0% over five years, and +81.1% over ten years to Q2 2026, and +308% since Q1 1995.
- Is the Medford, OR area beating the national average?
- Over the past year the metro's index moved +0.8 pts versus the U.S.; over five years the gap is −19.3 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.