97501 Homes under $500,000

Welcome to Medford, Oregon, nestled in the heart of Jackson County and proudly bearing the 97501 ZIP code! This charming city is a hidden gem that offers a delightful blend of natural beauty, vibrant culture, and a welcoming community atmosphere.

Medford is renowned for its stunning landscapes, with the majestic Rogue River and the surrounding mountains providing a picturesque backdrop for outdoor enthusiasts. Whether you enjoy hiking, fishing, or simply soaking in the breathtaking scenery, Medford has something for everyone. With its mild climate, you can explore the great outdoors year-round.

For those seeking a new home, Medford offers an impressive array of properties under $500,000. This affordability, combined with the city's amenities, makes it an attractive option for first-time homebuyers, families, and retirees alike. You’ll find a variety of charming single-family homes, modern townhouses, and cozy bungalows, all reflecting the unique character of the area. Many of these homes feature spacious yards, perfect for family gatherings or a peaceful retreat after a long day.

Moreover, Medford boasts a thriving downtown filled with local shops, restaurants, and entertainment options. The vibrant arts scene, coupled with events like the annual Pear Blossom Festival, ensures there’s always something happening in this lively community.

With its affordable housing market, beautiful surroundings, and a strong sense of community, Medford, OR 97501, is an ideal place to call home. Come explore the possibilities and discover why so many are choosing to make Medford their forever home!

Newest 97501 Homes under $500,000

$349,900

3 Beds ⋅ 2 Baths ⋅ 220229496 MLS

Look! $349,900 and (with an acceptable offer) $5,000 toward a flooring allowance or closing costs! What a great starter home or home to downsize to! Comfortable floor plan. Walk-in closet in the primary bedroom. Great location and schools. Nice-sized, fenced yard with in-ground sprinklers and room for extra parking. Vacant and easy to show...just let listing agents know when you are showing.

1259 Applegate Lane, Medford

Listing courtesy of John L. Scott Medford.

$320,000

2 Beds ⋅ 1 Baths ⋅ 220229488 MLS

This well maintained 2 bed, 1 bath home is a great value. The entrance features a large front window, hardwood oak flooring and a free standing gas fireplace. Both bedrooms feature hardwood oak flooring and the kitchen has updated appliances that are all included and built in lighting. The large back yard has a paved patio with cover. A finished 1 car garage, separate laundry room, 2 ceiling fans, smart thermostat and new exterior paint complete the package.

716 Hamilton Street, Medford

Listing courtesy of Windermere Van Vleet & Associates.

$414,900

3 Beds ⋅ 2 Baths ⋅ 220229434 MLS

Talk about an incredible location! Tucked into a quiet, well-kept neighborhood close to everything, including South Medford High School, this beautifully maintained 3-bedroom, 2-bath home has been exceptionally well cared for. A large covered front porch welcomes you into a bright, open living area with simulated wood vinyl plank flooring, vaulted ceilings, picture window, ceiling fan and gas fireplace. The kitchen features granite counters, tile backsplash, pantry, stainless appliances, custom cabinetry and island. The spacious primary suite offers coffered ceilings, dual-sink granite vanity, walk-in shower with glass doors and generous walk-in closet. Additional highlights include upgraded window treatments, tile flooring in both baths and laundry, extra cabinetry, on demand tankless water heater and oversized finished 2-car garage. Outside, enjoy a covered patio, 6-foot privacy fencing, mature landscaping, timed sprinklers and raised garden beds. Pride of ownership throughout.

1791 Lillian Street, Medford

Listing courtesy of John L. Scott Medford.

$439,900

4 Beds ⋅ 2 Baths ⋅ 220229401 MLS

Brand new construction custom built home by Snyder Creek Development in brand new South Stage Park. This 2 level home is tucked away down a quiet street just off South Stage Rd. Boasting a corner lot location, this property offers a spacious front garden with covered patio and low maintenance artificial turf landscaping. Light and bright throughout with abundant windows, the main level features spacious Primary Suite with walk in shower. Kitchen features large prep island, quartz countertops, stainless steel appliances and soft close cabinetry. Upstairs has 2 bedrooms, plus flex space with mountain view and bathroom featuring tub/shower combo. Home is loaded with upgrades including vinyl plank flooring, electrical, extensive can lighting, oversized finished 2 car garage with alley access, energy efficient ductless heating & air + MORE. Plans are in place for a future neighborhood park. Just 10 minutes to Jacksonville and easy access to I5, shopping and restaurants.

944 Honey Bee Street, Medford

Listing courtesy of John L. Scott Medford.

$320,000

3 Beds ⋅ 2 Baths ⋅ 220229349 MLS

Super cute, and fully updated 3 bedroom 2 bath home in cul-de-sac. New kitchen appliances, new paint, 0 lot line, vaulted ceiling, and newer HVAC, small patio out back and patio out front. This won't last long.

905 Narregan Street, Medford

Listing courtesy of John L. Scott Medford.

$400,000

2 Beds ⋅ 2 Baths ⋅ 220228711 MLS

Diamond in the rough! Bring your vision to this classic vintage farmhouse on a level 1.84-acre mini-farm. Packed with potential, the property features fruit and nut trees, 2 large pole barn, and a large metal barn. Includes a ~350 sq ft converted garage with a bathroom with skylights. More pictures/info once the tenant moves out. A prime opportunity to build sweat equity in a great location. The home is in poor condition and likely will not qualify for typical financing and may require cash/rehab loan. May have MID.

2357 Ross Lane, Medford

Listing courtesy of Coldwell Banker Professional Group.

$385,000

3 Beds ⋅ 2 Baths ⋅ 220229278 MLS

Beautiful and well-maintained SW Medford home with natural light and an easy to maintain yard. The large kitchen features granite counters, generous cabinet space, and a sizable pantry, then opens through a custom archway to a formal dining area that can seat ten or more. The living room continues the tall vaulted ceilings, includes a plant/décor shelf, and walks out to the backyard. The primary suite has a walk-in closet, dual-sink vanity with tile counter, and an oversized shower; additional bedrooms are spacious, with extra storage in the laundry and a tile counter in the guest bath. Out front, a clean, mature yard and covered porch deliver strong curb appeal, with in-ground sprinklers for easy upkeep. The fully fenced backyard uses high-end rubber bark and imitation grass for low-maintenance outdoor space.

2320 Kamerin Lane, Medford

Listing courtesy of John L Scott Ashland.

$399,000

2 Beds ⋅ 1 Baths ⋅ 220229202 MLS

A unique opportunity with two separate residences, offering flexibility for multi-generational living, rental income, or an investment property. The front home is brand-new construction currently in progress, featuring 2 bedrooms and 1 bathroom with a fresh, modern design. Tucked behind is an existing 3-bedroom, 1.5-bath manufactured home, creating an opportunity to live in one and rent the other, accommodate extended family, or potentially generate income from both. With a newly built home plus an additional residence already in place, It offers options that are hard to find. Whether you're looking for your own home with additional living space or an investment with multiple income possibilities, this property is worth a closer look

1295 Thomas Road, Medford

Listing courtesy of RE/MAX Platinum.

$325,000

4 Beds ⋅ 3 Baths ⋅ 220229101 MLS

Two homes and one great opportunity for investors or buyers seeking a flexible multi-family or multi-generational living setup! Conveniently located close to schools, town, shopping, and everyday amenities, this property offers an appealing combination of location and versatility. The layout provides a nice setup for extended family or those looking for additional space and income potential. A property with plenty of possibilities in a desirable location!

947 Dakota Avenue, Medford

Listing courtesy of RE/MAX Platinum.

$395,000

3 Beds ⋅ 2 Baths ⋅ 220229080 MLS

Move-in-ready gem in an established neighborhood! The inviting main level features bamboo flooring and an open-concept layout connecting the living room, dining area, and kitchen. The kitchen boasts granite countertops, tile backsplash, pantry, breakfast bar, indoor laundry, and a convenient half bath. Step through the slider to the covered patio and spacious backyard, where you'll find a pond feature, raised garden beds, a storage shed, and plenty of room for gardening, entertaining. Upstairs, the spacious primary suite offers an en-suite bath and three full-size closets! Two additional bedrooms, a full bath, and a large walk-in storage closet provide plenty of space. Additional highlights include 30' RV parking with hookups and cleanouts, in-ground sprinklers, drip irrigation, finished two-car garage, and vinyl windows.

719 Newtown Street, Medford

Listing courtesy of eXp Realty, LLC.

$449,995

3 Beds ⋅ 2 Baths ⋅ 220229053 MLS

Welcome to the Moreland, a charming one-level floor plan in Medford! This 1,630 sq ft floor plan has 3 bedrooms, 2 bathrooms, and an attached garage. Entering the home, you will find the secondary bedrooms that both include carpet and a closet. The laundry room is around the corner for easy convenience. The primary bedroom comes with an en suite bathroom with a double-sink vanity, walk-in shower, and a walk-in closet. The open concept living area includes a great room, kitchen, and dining room with tons of natural lighting and a fantastic electric fireplace. The kitchen is designed to make meal prep time a culinary experience. It has an outstanding kitchen island, shaker-style cabinets, stainless steel appliances, electric range/oven, and a pantry. Receive a closing cost credit with use of builder's preferred lender. Open by Appointment Only. Photos are representative of plan; features/specs may vary. *This home is ''Signature Series'' which includes multiple upgrades in sale price.

504 Dawn Court, Medford

Listing courtesy of D.R. Horton, Inc.-Portland.

$399,000

3 Beds ⋅ 2 Baths ⋅ 220228987 MLS

Lovely home down a quiet private drive. Home features 3 bedrooms and two bathrooms, has a large living room with separate family room. Large lot with alley access as well as a two car shop. Home is perfect for first time home buyers looking to put in some sweat equity. Home is close to Howard Elementary school and recent park upgrades.

129 Mace Road, Medford

Listing courtesy of eXp Realty, LLC.

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