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Sarah Mitchell

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Compass Real Estate · Grants Pass, OR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Grants Pass, OR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Grants Pass, OR Housing Market

Balanced market-0.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Grants Pass, OR is worth $399,421, fell 0.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $370,125, -4.1% year over year (through May 2026). With 4.9 months of supply and homes going under contract in about 29 days, Grants Pass is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $399,421 home is about $2,132/mo in principal and interest.

Key numbers for Grants Pass, OR

Typical home value

$399,421

-0.9% in 12 months

Zillow, August 2026

Typical asking rent

$1,677/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$370,125

-4.1% year over year

Redfin, through May 2026

Days on market

29

Average pace

Redfin, through May 2026

Active listings

173

4.9 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$56,877

Home costs 7.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.4%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Grants Pass a buyer's or seller's market?

Balanced market4.9 months of supply29 days on market100.4% of asking

Grants Pass, OR is a balanced market, based on 4.9 months of supply and homes selling in about 29 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Grants Pass housing market data show?

Every row below is Redfin's final published month for Grants Pass, OR. Redfin, through May 2026

Housing market statistics for Grants Pass, OR, Redfin through May 2026
MetricValue
Median sale price$370,125
Median list price$405,000
Year-over-year price change-4.1%
Median price per sq ft$268/sq ft
Median days on market29 days
Active inventory173 listings
Months of supply4.9 months
Sale-to-list price ratio100.4%
Homes sold (that month)35
New listings (that month)69
Listings with a price cut31.8%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Grants Pass is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Grants Pass is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Grants Pass home prices moved?

Over the last three years the median sale price in Grants Pass, OR held roughly flat 0.4%, from $371,500 to $370,125. The live Zillow value series has fell 0.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 31.8% of Grants Pass listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.9 months while the sale-to-list ratio slips below its current 100.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Grants Pass?

Priced off the typical home value of $399,421 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Grants Pass, OR
Down paymentCash at closeLoan amountMonthly P&I
20%$79,884$319,537$2,132/mo
5%$19,971$379,450$2,532/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,132, that implies roughly $91,385 a year before you add taxes and insurance. The median household in Grants Pass earns $56,877, about $34,508 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Grants Pass in the next 12 months?

Tell us your timeline. We send the Grants Pass market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Grants Pass?

Typical asking rent in Grants Pass, OR is $1,677/mo, against a typical home value of $399,421. That is a price-to-rent ratio of 19.8x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,132 a month — $455 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Grants Pass?

Active listings in Grants Pass, OR went from 165 in May 2025 to 173 in May 2026, a +4.8% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Grants Pass, OR
MonthActive listingsNew listings
June 202517958
July 202517564
August 202518071
September 202518164
October 202515135
November 202513531
December 202512330
January 202611442
February 202611449
March 202613368
April 202615979
May 202617369

Redfin, through May 2026

How does Grants Pass compare to Oregon and the U.S.?

Grants Pass homes sell for $370,125 — 30% below the Oregon median of $525,500. Against the national median of $410,700, Grants Pass runs 10% lower. Year-over-year, Grants Pass moved -4.1% against Oregon's -0.0% — a bigger swing than the state as a whole.

Grants Pass, OR compared with Oregon and the United States
MarketMedian sale priceYoYDays on market
Grants Pass, OR$370,125-4.1%29 days
Oregon statewide$525,500-0.0%28 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Grants Pass

What buyers should watch

  • Months of supply, currently 4.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 31.8%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $400 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $399,421 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Grants Pass listing goes under contract in 29 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.4% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Grants Pass added 69 new listings against 35 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -0.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Grants Pass varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Grants Pass

There are currently 173 homes listed for sale in Grants Pass, Oregon. The median listing price is $405K. Featured listings range from $225,000 to $949,900.

land for sale at 340 Ridge View Ln Grants Pass 97527 - $225,000
New Listing
11
$225,000

340 Ridge View Ln

Grants Pass, OR 97527

Land5.06 acres

Shelley Wytcherley · Kelly Right Real Estate

View photos & details
4 bedroom house for sale at 811 NW 5th St Grants Pass 97526 - $314,580
New Listing
40
$314,580

811 NW 5th St

Grants Pass, OR 97526

4 bd2 ba1,988 sqft$158/ft²
House6,098 sqft lot

Melinda Peterson · Real Estate Cafe LLC

View photos & details
3 bedroom house for sale at 1037 Vista Dr Grants Pass 97527 - $330,000
New Listing
22
$330,000

1037 Vista Dr

Grants Pass, OR 97527

3 bd1 ba980 sqft$337/ft²
House4,792 sqft lot

Hunter Kennedy · RE/MAX Integrity Grants Pass

View photos & details
3 bedroom house for sale at 1206 NW Conklin Ave Grants Pass 97526 - $349,500
New Listing
41
$349,500

1206 NW Conklin Ave

Grants Pass, OR 97526

3 bd3 ba2,127 sqft$164/ft²
House6,970 sqft lot

Melinda Peterson · Real Estate Cafe LLC

View photos & details
3 bedroom house for sale at 727 NE Memorial Dr Grants Pass 97526 - $374,900
2
$374,900

727 NE Memorial Dr

Grants Pass, OR 97526

3 bd2 ba1,841 sqft$204/ft²
House10,890 sqft lot

Launeen Myers · Century 21 JC Jones American Dream

View photos & details
2 bedroom house for sale at 260 Highwood Ln Grants Pass 97527 - $475,000
New Listing
51
$475,000

260 Highwood Ln

Grants Pass, OR 97527

2 bd3 ba1,667 sqft$285/ft²
House1.10 acres

Anastasia Hendrick · Century 21 JC Jones American Dream

View photos & details
2 bedroom house for sale at 114 Stringer Gap Rd Grants Pass 97527 - $489,000
New Listing
30
$489,000

114 Stringer Gap Rd

Grants Pass, OR 97527

2 bd2 ba1,286 sqft$380/ft²
House1.20 acres

Brandy Holder · Holder Realty

View photos & details
3 bedroom house for sale at 620 NW Morgan Ln Grants Pass 97526 - $499,000
New Listing
41
$499,000

620 NW Morgan Ln

Grants Pass, OR 97526

3 bd2 ba1,908 sqft$262/ft²
House17,860 sqft lot

Marian Szewc · Windermere RE Southern Oregon

View photos & details
3 bedroom house for sale at 3336 Midway Ave Grants Pass 97527 - $675,000
New Listing
54
$675,000

3336 Midway Ave

Grants Pass, OR 97527

3 bd3 ba1,976 sqft$342/ft²
House7.54 acres

Mary Parsagian · RE/MAX Integrity Grants Pass

View photos & details
3 bedroom house for sale at 240 Mina Ln Grants Pass 97526 - $699,000
New Listing
70
$699,000

240 Mina Ln

Grants Pass, OR 97526

3 bd3 ba3,012 sqft$232/ft²
House1.92 acres

Suzy Reel · Real Estate Cafe LLC

View photos & details
4 bedroom house for sale at 1360 Jaynes Dr Grants Pass 97527 - $825,000
New Listing
64
$825,000

1360 Jaynes Dr

Grants Pass, OR 97527

4 bd3 ba3,803 sqft$217/ft²
House8.52 acres

Mary Parsagian · RE/MAX Integrity Grants Pass

View photos & details
3 bedroom house for sale at 461 Fielder Ln Grants Pass 97526 - $949,900
New Listing
50
$949,900

461 Fielder Ln

Grants Pass, OR 97526

3 bd2 ba2,337 sqft$406/ft²
House28,750 sqft lot

Dallin George · Home Quest Realty

View photos & details

Looking to buy in Grants Pass?

Get connected with a local real estate expert — free, no obligation.

Active listings

173

Homes on market

Median list price

$405K

Avg. days on market

29

Days until sale

New this week

69

Newly listed

Price drops:31.8%of listings
Sale-to-list:100.4%

How much do homes cost in Grants Pass by property type?

How the Grants Pass, OR market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Grants Pass, OR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$375,950$271/sq ft3229 days
Condo / co-op$221,000$169/sq ft333 days
Townhouse$485,000$281/sq ft1151 days

Who lives in Grants Pass?

American Community Survey estimates for Grants Pass. U.S. Census ACS, 2023

Population

39,183

Households

16,478

Median income

$56,877/yr

Median age

40.8 years

Owner-occupied

56.4%

Median home value

$364,200

Median gross rent

$1,160/mo

Mean commute

17.6 min

56.4% of occupied homes in Grants Pass are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $364,200 against Zillow's $399,421 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,160/mo, below Zillow's $1,677/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Grants Pass?

21 schools tracked · 8,483 students

The largest public schools serving Grants Pass, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Grants Pass High School

Grades 9-12 · 1,657 students

Public

North Middle School

Grades 6-8 · 694 students

Public

South Middle School

Grades 6-8 · 589 students

Public

Hidden Valley High School

Grades 9-12 · 523 students

Public

North Valley High School

Grades 9-12 · 429 students

Public

Redwood Elementary School

Grades K-5 · 424 students

Public

Lincoln Elementary School

Grades K-5 · 397 students

Public

Parkside Elementary

Grades K-5 · 389 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Grants Pass, OR?

Ordered by distance from Grants Pass, not by size. Compare Grants Pass side by side with any of them.

Which ZIP codes are in Grants Pass?

These are the ZIP codes we see on active Grants Pass listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Grants Pass housing market FAQ

Is Grants Pass a buyer's or seller's market?

Grants Pass, OR is currently a balanced market. That read comes from 4.9 months of supply, homes going under contract in about 29 days, and sellers getting 100.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Grants Pass?

The typical home in Grants Pass, OR is worth $399,421 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $370,125, about $268 per square foot.

Is Grants Pass cheaper than the rest of Oregon?

Grants Pass's median sale price of $370,125 is 30% lower than the Oregon statewide median of $525,500, and 10% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Grants Pass?

Homes in Grants Pass, OR spent a median of 29 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Grants Pass?

At the current 30-year fixed rate of 7.03%, 20% down on a $399,421 home is about $2,132 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $91,385 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $56,877.

Are home prices rising in Grants Pass?

The typical home value in Grants Pass, OR fell 0.9% over the last 12 months, from $403,179 to $399,421 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Grants Pass?

Grants Pass ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Grants Pass?

That depends on your timeline, not on a headline. What the data says today: Grants Pass, OR is a balanced market with 4.9 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.8x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.