97501, OR homes for sale & real estate

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ABOUT THIS HOME
97501, OR Homes for Sale
Location! Location! Location! You know what they say—in real estate, location is everything! Are you looking to rebuild in Phoenix? This . 50-acre lot, zoned R-2, might be the perfect opportunity for you. Situated in a high-traffic area near Ray's, Dutch Bros, Chevron, and the car wash, it's conveniently located just north of North Phoenix Road and the I-5 exit. The lot is cleared and ready to build. R-2 zoning allows for a variety of potential uses, including high-density residential and certain commercial options. (See the attached list from the City of Phoenix for details. Buyer to perform their own due diligence.

$285,000

— beds— baths— sq ft

4119 S Pacific Hwy, Medford, OR 97535

50 acre lot • Zoned r-2 • High traffic area

ABOUT THIS HOME
97501, OR Homes for Sale
5 acres just outside of Jacksonville! Close to great Southern Oregon wineries. Great views of the City & Roxy Ann. Home site is approved. Bare land no well or septic. Buyer to do Due Diligence with regards to development. In an area of nice homes. Neighboring property is also listed for sale 2083 Knowles Rd.

$150,000

— beds— baths— sq ft

2091 Knowles Rd, Medford, OR 97501

5 acre lot • Listed 772 days

ABOUT THIS HOME
97501, OR Homes for Sale
1.30 acres just outside of Jacksonville! Close to great Southern Oregon wineries. Great views of the City & Roxy Ann. Bare land no well or septic. Buyer to do Due Diligence with regards to development. In an area of nice homes. Neighboring property is also listed for sale 2091 Knowles Rd.

$100,000

— beds— baths— sq ft

2083 Knowles Rd, Medford, OR 97501

1.3 acre lot • Listed 762 days

ABOUT THIS HOME
97501, OR Homes for Sale
Fantastic 32 unit multifamily approved project. Discover the perfect investment opportunity with this 1.47-acre lot of flat, buildable land, ideal for multi-family residential development and in a quickly growing neighborhood. This prime property, zoned MFR-30 currently has development and site plan approval for a 32 unit project consisting of four 8 Plexes. It also includes a floor plan layout and building elevations streamlining your path to construction. Don't miss out on the chance to bring your vision to life on this versatile and ready-to-build development property.

$295,000

— beds— baths— sq ft

963 Lozier Ln, Medford, OR 97501

Ready-to-build lot • Flat buildable land • 1.47 acre lot

ABOUT THIS HOME
97501, OR Homes for Sale
Investor Opportunity! Three lots zoned commercial highway close to town & fully annexed into the city ready for development! Many SDC expenses are paid. High traffic exposure location is perfect for an array of uses! Buyer to due diligence as to desired uses.

$159,000

— beds— baths— sq ft

137 N Phoenix Rd, Phoenix, OR 97501

0.62 acre lot • Listed 483 days

Property at 1585 N Central Ave, Medford, OR 97501

$2,121,825

— beds— baths— sq ft

1585 N Central Ave, Medford, OR 97501

Property at 1018 Coleman Hills Dr #6, Medford, OR 97501

$599,000

— beds— baths— sq ft

1018 Coleman Hills Dr #6, Medford, OR 97501

Property at 3957 S Pacific Hwy, Medford, OR 97501

$1,350,000

— beds— baths— sq ft

3957 S Pacific Hwy, Medford, OR 97501

Property at 1010 Coleman Hills Dr, Medford, OR 97501

$549,000

— beds— baths— sq ft

1010 Coleman Hills Dr, Medford, OR 97501

Property at Jacksonville Hwy #4200, Medford, OR 97501

$1,900,000

— beds— baths— sq ft

Jacksonville Hwy #4200, Medford, OR 97501

Property at 3459 S Pacific Hwy, Medford, OR 97501

$575,000

— beds— baths— sq ft

3459 S Pacific Hwy, Medford, OR 97501

Property at Undisclosed address, Medford, OR 97501

$1,899,000

— beds— baths— sq ft

Undisclosed address, Medford, OR 97501

Property at 1048 Coleman Hills Dr #1, Medford, OR 97501

$599,000

— beds— baths— sq ft

1048 Coleman Hills Dr #1, Medford, OR 97501

Property at 1028 Coleman Hills Dr #3, Medford, OR 97501

$699,000

— beds— baths— sq ft

1028 Coleman Hills Dr #3, Medford, OR 97501

Property at 3600 N Pacific Hwy, Medford, OR 97501

$1,299,000

— beds— baths— sq ft

3600 N Pacific Hwy, Medford, OR 97501

Property at 0 Oak Grove Rd, Medford, OR 97501

$339,900

— beds— baths— sq ft

0 Oak Grove Rd, Medford, OR 97501

Property at 208 N Ross Ln, Medford, OR 97501

$927,558

— beds— baths— sq ft

208 N Ross Ln, Medford, OR 97501

Property at 290 N Ross Ln, Medford, OR 97501

$478,342

— beds— baths— sq ft

290 N Ross Ln, Medford, OR 97501

Property at 0 N Phoenix Rd, Medford, OR 97504

$1,740,000

— beds— baths— sq ft

0 N Phoenix Rd, Medford, OR 97504

Property at Oak St #5000, Medford, OR 97501

$695,218

— beds— baths— sq ft

Oak St #5000, Medford, OR 97501

Property at 252 De Barr Ave, Medford, OR 97501

$950,000

— beds— baths— sq ft

252 De Barr Ave, Medford, OR 97501

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Average home prices near 97501, OR

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97501, OR real estate trends

All Home Types trends in 97501, OR

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$389,950

+6.1% YoY | Sep 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Sep 2025

Growth

% YoY

97501, OR

$389,950

+6.1%

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All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Data Last Updated Fri Oct 24 2025

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