Grants Pass, OR metro area Housing Market

Cold Market

Comprehensive housing market data for the Grants Pass, OR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$368K

8.1% YoY

Days on Market

61 days

24.5% YoY

Active Inventory

290

1.4% YoY

Homes Sold

48

5.9% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Grants Pass, OR metro area Market Summary

The Grants Pass, OR metro area housing market is cooling down. As of January 2026, the median home sale price is $368K, down 8.1% year-over-year. Homes are spending a median of 61 days on the market, 24.5% longer than a year ago.

There are 290 homes for sale — 1.4% fewer than last year. With 6.0 months of supply, this is a balanced market. 86 new listings were added during this period, up 11.7% year-over-year.

Homes are selling for 96.8% of their list price on average, suggesting room for negotiation. 22.9% of homes sell above their asking price. 27.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

86

Contributing Factors

Months of Supply 6.0
Days on Market 61
Price Drops 27.2%
Sale-to-List Ratio 96.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 13.1%
Days on Market (National: 66) 7.6%
Inventory (National: 1,210,379) 100.0%

vs. Oregon Median

Median Price (Oregon: $489K) 24.8%
Days on Market (Oregon: 73) 16.4%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Grants Pass, OR metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$455K

Price per Sq Ft

$250

Sale-to-List Ratio

96.8%

Months of Supply

6.0

Sold Above List

22.9%

Price Drops

27.2%

New Listings

86

11.7% YoY

Pending Sales

83

Off Market in 2 Weeks

21.7%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.