Grants Pass housing market
Typical home value
$388K
▼ 0.1% 1 yr
Typical rent
$1,595/mo
▲ 3.5% 1 yr
12-month forecast
−0.1%
#473 of 546 metros
Gross rent yield
4.9%
#415 of 546 · U.S. 6.3%
Days to pending
74 days
▲ +3 days 1 yr
Listings with a price cut
32%
▲ +2.0 pts 1 yr
Key takeaways
- 1The typical home is worth $388,435, down 0.1% in a year and up 2% over five years.
- 2Zillow forecasts home values falling 0.1% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,595/mo (+3.5% YoY), a 4.9% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,135/mo in principal and interest, $540 more than renting.
- 5Homes go under contract in 74 days (+3 days vs last year); 32% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 34/100, #383 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Grants Pass compares
| Measure | Grants Pass | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −0.1% | +1.2% | #461 |
| Home value, 5-yr change | +2.5% | +19.7% | |
| 12-month forecast | −0.1% | +1.1% | #473 |
| Rent, 1-yr change | +3.5% | +2.7% | #253 |
| Gross rent yield | 4.9% | 6.3% | #415 |
| Price-to-rent ratio | 20.3 | 15.8 | |
| Mortgage P&I on typical home | $2,135 | $2,012 | |
| Income needed to buy | $100,588 | $100,902 | |
| Days to pending | 74 | 56 |
Cities in the Grants Pass metro
1 cities with home value and rent data.
| Grants Pass | $398K | ▼ 0.1% | $1,594 | ▲ 3.8% | 4.8% |
Run the numbers
Rental property calculator
Cash flow on a typical Grants Pass rental ($388K, $1,595/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Grants Pass home.
Rent vs buy
Is it cheaper to rent or buy in Grants Pass?
Other Oregon metros
Portland, OR
$539K home$1,803 rent4.0% yield
▼ 0.2% 1 yr
Salem, OR
$447K home$1,646 rent4.4% yield
▲ 0.4% 1 yr
Eugene, OR
$453K home$1,771 rent4.7% yield
▲ 1.0% 1 yr
Medford, OR
$431K home$1,848 rent5.1% yield
▲ 1.1% 1 yr
Bend, OR
$659K home$2,218 rent4.0% yield
▼ 0.7% 1 yr
Albany, OR
$408K home$1,635 rent4.8% yield
▲ 0.3% 1 yr
Roseburg, OR
$339K home$1,326 rent4.7% yield
▲ 0.1% 1 yr
Corvallis, OR
$553K home$1,811 rent3.9% yield
▲ 0.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.