97502 — Central Point, OR Home Values
Typical home value $426,753 as of June 2026 · 9th of 15 in Medford, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97502, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97502 compares in the Medford, OR area
ZIP code 97502 (Central Point, OR) has a typical home value of $426,753 as of June 2026, ranking 9th of 15 ZIP codes tracked in the Medford, OR area, more expensive than about 47% of ZIP codes in the metro. Prices here have moved +1.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +10.1%, from $387,603 in June 2021 to $426,753 in June 2026. Against observed rent, the typical home here sells for 17.5× the annual rent ($2,032/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Medford, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Medford.
Population and demographics
ZIP code 97502 has a population of 29,583, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 81.5% White, 11.6% Hispanic or Latino, 4.2% two or more races, 0.9% Asian, 0.9% Native Hawaiian or Pacific Islander, 0.4% American Indian or Alaska Native, 0.3% Black or African American, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Scenic Middle School | 1955 Scenic Ave, Central Point, OR | 2 mi |
| Crater Renaissance Academy | 655 N 3rd St, Central Point, OR | 2.3 mi |
| Crater Academy of Health and Public Services | 655 N 3rd St, Central Point, OR | 2.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97502?
$426,753 as of June 2026, the latest month Zillow has published observed data for.
Is 97502 an expensive ZIP code in the Medford, OR area?
97502 ranks 9th of 15 ZIP codes in the Medford, OR area by typical home value, more expensive than about 47% of ZIP codes in the metro.
How much have home values in 97502 changed over the past year?
+1.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97502?
The typical home price is 17.5× the observed annual rent in this ZIP code ($2,032/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97502?
29,583, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97502?
Scenic Middle School (2 mi), Crater Renaissance Academy (2.3 mi), Crater Academy of Health and Public Services (2.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97502?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Medford, OR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.