HousingHandbookReference data

U.S. ZIP Code · OR97537

Jackson County · Medford, OR

Typical home value

$476,134[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.3%
5-year / yr
+3.2%
10-year / yr
+6.2%

Relative price

vs U.S.
+67.6%
vs metro
+7.9%
vs state
+3.5%
ZIP 97537 location in OR
Location of ZIP 97537 in OR

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 97537 is worth $476,134 — 7.9% above the Medford, OR median. Over the past year, values have risen 2.3%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$2,637[3]

#Climate risk

FEMA National Risk Index ratings for Jackson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively High
Drought
Very Low
Heat wave
Relatively Moderate
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
7,018[3]
Median household income
$65,849[3]

#Migration

Household moves in and out of Jackson County over a year, from IRS tax-return data.

Net migration
+22[5]
Moved in
5,059
Moved out
5,037

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
1
Middle
0
High
1
  • Rogue River Elementary School

    Elementary · Grades K–6 · Rogue River SD 35

    415 students

  • Rogue River Junior/Senior High

    High · Grades 7–12 · Rogue River SD 35

    355 students

  • Rivers Edge Academy Charter School

    Other · Grades K–12 · Rogue River SD 35

    214 students

  • South Valley Academy

    Other · Grades 3–12 · Rogue River SD 35

    120 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,408
Loan principal$380,907
Down payment$95,227
Total interest paid$485,826

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,023
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
93rd percentile[1]
Rental yield
[2]
Property tax
14th percentile[3]

Frequently asked

How much is a home worth in ZIP code 97537?
The typical home in 97537 is worth $476,134, based on the Zillow Home Value Index.
Are home values rising in 97537?
Home values in 97537 are up 2.3% over the past year, and up 3.2% a year over five years.
What is the property tax rate in 97537?
The effective property tax rate in 97537 is 0.6% — roughly $2,637 a year on a typical home.
Who lives in 97537?
ZIP code 97537 has a population of 7,018 and a median household income of $65,849.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Eagle Point, OR

    Typical home
    $474,803
    Gross yield
  • Trail CDP, OR

    Typical home
    $484,673
    Gross yield
  • Foots Creek CDP, OR

    Typical home
    $456,765
    Gross yield
  • Medford, OR

    Typical home
    $446,353
    Gross yield
    4.8%
  • Talent, OR

    Typical home
    $441,308
    Gross yield
    4.9%
  • Central Point, OR

    Typical home
    $424,564
    Gross yield
    5.5%

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