Southern Oregon Real Estate Enters a New Phase as Rates Fall and Inventory Grows

Southern Oregon's housing market is stabilizing with easing mortgage rates around 6.3%, steady home prices, and increased inventory. Median prices hover near $415,000 in Jackson County and $370,000 in Josephine County. Buyers benefit from improved purchasing power and more options, while sellers must price homes realistically to attract buyers. Many homeowners with low fixed rates may prefer to hold, making strategy and timing crucial in this balanced market.