Metropolitan market · Oregon · June 2026 data

Grants Pass Real Estate Market

As of June 2026, the median home listed in Grants Pass, OR asks $512,500 — up 2.5% year over year. Homes sell in a median of 67 days, with 560 active listings and 20% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$512,500
▲ 2.5% YoY
Median $ / sq ft
$268
1,933 sq ft median
Median days on market
67
June 2026
Active listings
560
For sale now
New listings
120
June 2026
Listings with price cuts
20%
Share of active
Median sale price (closed)
$430,000
▲ 1.2% YoY · closed sales
Sale-to-list ratio
98.0%
Closed sales
Homes sold / month
76
Closed sales

Grants Pass housing market statistics

The table summarizes Grants Pass's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Grants Pass, OR housing market at a glance — June 2026
MetricLatestDetail
Median listing price$512,500+2.5% YoY
Median price per sq ft$2681,933 sq ft median
Median days on market67+2% YoY
Active listings560+25% YoY
New listings this month120June 2026
Listings with a price cut20%Share of active
Median sale price (closed)$430,000+1.2% YoY
Sale-to-list ratio98.0%Closed sales
Gross rental yield3.2%2BR fair market rent

How have home prices changed in Grants Pass?

Grants Pass home prices are up 2.5% year over year and -1.4% month over month as of June 2026, at a $512,500 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$529K$519K$510K$500K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Grants Pass OR · trailing 8 quarters · source: public records and industry data.

The 10-year view
$569K$515K$461K$407K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Grants Pass OR · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Grants Pass?

Grants Pass has 560 active listings, 120 new this month, 169 pending as of June 2026. About 20% of active listings have cut their price, and inventory sits at 129% of its 2019 level — a balanced market by pace.

Active listings
560
New this month
120
Pending
169
Price-reduced
114

Is Grants Pass a good real estate investment?

Grants Pass scores 31/100 on WealthyBud's composite Investor Score, ranking #810 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
31/100
#810 of 932 covered metros
12-month outlook
-3.8%
▼ Cooling · model output, not advice
Price volatility
High
σ 8.2% · 20-yr price-index swings
Momentum
34
Value
42
Rental yield
26
Supply risk
82
Market heat
35

Grants Pass scores 31/100 on our composite Investor Score (#810 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 25% over five years and +89% over ten, leaving prices 37% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,363/mo for a two-bedroom, the gross rental yield on the median listing is about 3.2%; active inventory sits at 129% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 2.5% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Grants Pass ranks on the trending markets index.

How much is a monthly mortgage payment in Grants Pass?

A home at Grants Pass's $512,500 median listing runs about $2,573 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$2,310/mo
−$263/mo vs today
At today's rate · 6.43%
$2,573/mo
National weekly average
If rates rise 1% · 7.43%
$2,847/mo
+$275/mo vs today

Principal & interest on the $512,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Grants Pass housing market?

Longer-run demand in Grants Pass shows up in 293 homes permitted in 2025; net migration of +452 residents; -1.1% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
293
▲ 31.4% vs 2024
3.3 per 1,000 residents
Net migration (2022–2023)
+452
▲ people, via tax-return records
net income flow +$5.81M/yr
Job growth (YoY)
-1.1%
▼ 27.0k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Grants Pass housing market FAQ

What is the median home price in Grants Pass?
As of June 2026, the median listing price in Grants Pass, OR is $512,500, up 2.5% year over year (source: public records and industry data). Figures cover the Grants Pass, OR metro area.
How much does it cost to buy a home in Grants Pass?
The median home listed in Grants Pass asks $512,500 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,573 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Grants Pass?
The median property in Grants Pass spends 67 days on the market, with 560 homes actively listed and 20% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Grants Pass?
With a median 67 days on market and 20% of active listings carrying a price cut, Grants Pass reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Grants Pass a good place to invest in real estate?
Grants Pass scores 31/100 on WealthyBud's Investor Score, ranking #810 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Grants Pass?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Grants Pass and the wider Oregon market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Grants Pass, OR metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Oregon housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.