Median Home Price
$446,036.58
Median Rent
$1,805.55/mo
Price-to-Rent RatioTIE
20.6
Property Tax RateTIE
0.97%
Price Change (1Y)
-0.1%
Price Change (5Y)
-0.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$277,740
Median Home PriceBETTER
$425,440.1
Median RentBETTER
$1,713.31/mo
Price-to-Rent RatioTIE
20.7
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
+0.1%
Price Change (5Y)BETTER
+0.7%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$333,500
Key Differences
Home Prices
Eugene's median home price of $446,036.58 is higher than Medford's $425,440.1 by 5%.
Monthly Rent
Renting in Eugene costs $1,805.55/mo compared to $1,713.31/mo in Medford—a difference of $92.24/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.