Market Overview
Home Prices in Shady Cove, OR
The median home value in Shady Cove, OR is $421,888 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shady Cove are priced3% above average. Shady Cove is part of the Medford, OR metro area.
Over the past five years, Shady Cove home values have risen by approximately4.2%, reflecting modest growth in this market.
Price History
Shady Cove Home Price Trend
City Comparison
Shady Cove vs. National Median
At $421,888, homes in Shady Cove cost 3% above the national median of $410,000. Buyers in Shady Cove should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Shady Cove?
20% Down Payment
$84,378
on $421,888
Monthly P&I
$2,200/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,794/mo
incl. taxes & insurance
Income Needed
$111,760
gross annual (30% rule)
10% Down Option
$42,189
+ PMI applies
Loan Amount (20% dn)
$337,510
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Shady Cove, OR?
The median home value in Shady Cove is $421,888 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Shady Cove?
Over the past year, home values in Shady Cove have decreased by 1.7%. Over five years, prices have risen approximately 4.2%.
How much do I need to earn to buy a home in Shady Cove?
To comfortably afford the median home price of $421,888 with a 20% down payment ($84,378) at today's rates (6.8%), you'd need a gross annual income of approximately $111,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Shady Cove compare to the national average home price?
The national median home value is approximately $410,000. At $421,888, homes in Shady Cove are 3% above the national average.
What metro area is Shady Cove part of?
Shady Cove is part of the Medford, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.