Southern Oregon Real Estate Market Update

Prepared for clients and friends by Therese MacGregor, Coldwell Banker Pro West
Jackson County
• Existing home median price: $418,000
• New construction median price: $472,498
• Rural home median price: $635,000
Josephine County
• Existing home median price: $364,000
• Rural home median price: $479,000
• In-park mobile home median price: $85,000
What This Means
Inventory has increased throughout Southern Oregon, giving buyers more choices than we’ve seen
in recent years. Well-priced homes are still selling, buyers are negotiating more, and overpriced
listings are taking longer to sell.
Local Perspective
For homeowners considering a move, today’s market rewards preparation and accurate pricing. For
buyers, increased inventory means more options and a little more negotiating power. The frenzy
may have cooled, but homes are still changing hands every day throughout the Rogue Valley.
Thinking of buying or selling this summer? Let’s talk about what’s happening in your
neighborhood and create a strategy that fits today’s market.
— Therese MacGregor, Coldwell Banker Pro West