Every Monday I publish a short read on the Southern Oregon real estate market: rates, inventory conditions, what is moving and what is not, and anything worth tracking for buyers, sellers, and investors in Grants Pass and Josephine County. Quarterly, I also publish a longer Rogue Valley market article. Browse below for the full archive.
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One short market read each week, delivered when it publishes.
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Southern Oregon Market Update – Week of October 12, 2026
BUYERS & SELLERS The 30-year fixed averaged 7.40% on October 8 (Freddie Mac), up from 6.30% a year ago. On a $440,000 home with 20% down, principal and interest comes to about $2,437 a month, $258 more than last October. The Grants Pass median sale price reached $440,000 in September, up 6% from $415,000 a year earlier, and sellers received…
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Southern Oregon Market Update – Week of October 5, 2026
Buyers & Sellers The 30-year fixed averaged 7.28% on October 1 per Freddie Mac, the highest since October 2023, up from 6.34% a year ago. On a $390,000 Grants Pass home with 20% down, principal and interest runs about $2,135 a month, roughly $195 more than last fall. Grants Pass ended August with 358 homes for sale, down from 423…
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Southern Oregon Market Update – Week of September 28, 2026
BUYERS & SELLERS The 30-year fixed averaged 7.03% this week per Freddie Mac, up from 6.95% last week and 6.30% a year ago. On a $390,000 Grants Pass home with 20% down, principal and interest now runs about $2,082 a month, roughly $151 more than a year ago. Grants Pass sold 148 homes in August per Redfin, up from 139…
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Southern Oregon Market Update – Week of September 21, 2026
BUYERS & SELLERS The 30-year fixed mortgage rate rose to 6.95% this week per Freddie Mac, up from 6.76% last week and 6.26% a year ago. On a median-priced Grants Pass home with 20% down, that adds about $142 a month in principal and interest compared with a year ago, before taxes and insurance. Grants Pass’s median sale price reached…
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Southern Oregon Market Update – Week of September 14, 2026
BUYERS & SELLERS The 30-year fixed mortgage rate climbed to 6.76% this week per Freddie Mac, a 14-month high and up from 6.35% a year ago. Rates have kept drifting the wrong direction rather than the relief many buyers were waiting on. Jackson County’s August MLS figures put the median sale price at $431,500, down 0.5% from a year ago,…
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Southern Oregon Market Update – Week of August 31, 2026
BUYERS & SELLERS The 30-year fixed averaged 6.66% this week per Freddie Mac, barely changed from 6.65% the week before and still near a 13-month high. More than a year of waiting for rates to drop has not paid off; the question to ask is whether a given property and payment work today. Grants Pass MLS figures for August: the…
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Southern Oregon Market Update – Week of August 24, 2026
BUYERS & SELLERS The 30-year fixed eased to 6.65% this week per Freddie Mac, down from 6.67% the week before, a second straight pullback from July’s one-year high. Grants Pass home values are essentially flat, averaging $405,435 per Zillow, up just 0.1% over the past year, real stability even as national headlines call this a buyer’s market. Nationally, pending home…
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Southern Oregon Market Update – Week of August 17, 2026
BUYERS & SELLERS The 30-year fixed eased to 6.67% this week per Freddie Mac, down from last week’s one-year high of 6.76%, the first pullback after a month of steady climbing. Grants Pass homes are going to pending in about 26 days on average, with the typical closed sale at $387,500, per Zillow, holding steady even as national headlines call…
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Southern Oregon Market Update – Week of August 10, 2026
BUYERS & SELLERS The 30-year fixed climbed to its highest level in over a year this week, averaging 6.76% as of Saturday per Bankrate, with Freddie Mac’s own weekly survey confirming rates haven’t traded this high since July 2025. Grants Pass home values are holding almost flat year over year, averaging $405,435, up just 0.1%, per Zillow, a sign price…
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Southern Oregon Market Update – Week of August 3, 2026
BUYERS & SELLERS The 30-year fixed is holding in the mid-6.60s to high-6.70s, essentially flat from last week’s one-year high. No relief yet, but no further climb either. Grants Pass’s absorption rate, a measure of how fast homes are being bought up, actually improved: 4.93 months of supply in June, down from 5.79 a year ago. Prices softened, but inventory…
