Looking for a smart investment or dreaming of a fresh start in Southern Oregon?
Grants Pass is offering a golden window of opportunity for savvy buyers, investors, and homeowners alike. With rising inventory, flexible pricing, and slower market movement, 2025 has become a buyer-friendly moment in this picturesque part of the Rogue Valley. Whether you’re hoping to expand your portfolio, purchase your first home, or simply find a peaceful slice of land, the current market dynamics are aligning in your favor.
Let’s dive into the latest numbers and trends shaping the Grants Pass real estate market—and why now might be the perfect time to make your move.
Market Statistics Courtesy of Rogue Valley Association of Realtors
Market Overview
Median Home Values:
- According to Zillow, the average home value in Grants Pass is $397,673, reflecting a 1.1% increase over the past year.
- Redfin reports a median sale price of $390,000, marking a 2.6% year-over-year increase.
Market Activity:
- Homes are spending more time on the market, with Redfin noting an average of 57 days to sell, up from 55 days last year.
- The number of homes sold has decreased by 30.6%, with only 25 homes sold in February 2025 compared to 36 the previous year.
Price Trends by Home Size:
- Rocket Homes indicates that the median list price in February 2025 was $429,000, a 1.2% decrease from the previous year.
- Notably, one-bedroom homes saw a significant price drop of 23.4%, while two-bedroom homes experienced a 4.8% increase.
Inventory and Buyer Behavior
Inventory Levels:
- Zillow reports an inventory of 290 homes for sale as of February 28, 2025, with 54 new listings added that month.
Buyer Dynamics:
- The median days to pending is 43 days, indicating a moderately paced market.
- Approximately 20.1% of sales are over list price, while 56.5% are under, suggesting room for negotiation.
Implications for Buyers and Sellers
For Buyers:
- The current market offers opportunities for negotiation, with a significant percentage of homes selling below list price.
- Increased inventory provides more options, but buyers should be prepared for homes to stay on the market longer.
For Sellers:
- Sellers may need to adjust pricing strategies to align with market expectations and be prepared for longer listing periods.
- Highlighting unique property features and competitive pricing can attract buyers in this evolving market.
Connect with a Local Expert
Navigating the Grants Pass real estate market requires up-to-date information and strategic planning. As a local real estate professional with eXp Realty, I am here to provide personalized guidance tailored to your needs.
Whether you’re considering buying, selling, or simply exploring your options, let’s schedule a consultation to discuss your goals and how I can assist you in achieving them.
Shauna Mayfield, Oregon Realtor #201258800
Serving Josephine & Jackson Counties
(541) 250-0233
shauna.mayfield@exprealty.com
Sign up for my newsletter to hear about local market trends and featured properties.
Shauna Mayfield 