Similar to its surrounding areas, it is a little more expensive compared to the US as a whole. It's close to average compared to the city of Medford.
Home prices
The cost of the median home in Redwood is $277,800. Compared to the surrounding areas this is about $9,280 (3%) higher.It is approximately $60,300 (27%) higher compared to the US as a whole, and is about $12,400 (4%) higher compared to the city of Medford.
Rents
Redwood's median monthly rent is $1,195. This is approximately $319 (36%) higher in comparison to other places in this area.It is roughly $133 (12%) higher in comparison to the US as a whole, and is approximately $223 (22%) higher in comparison to the city of Medford.
Nearby places
Grants Pass
Grants Pass is Redwood's neighbor to the east. Housing prices there are a little less expensive. Grants Pass's median home cost is $231,800, which comes out to $46,000 (19%) lower than Redwood. Its rents are a little less expensive. The median monthly rent in Grants Pass is $929, which comes out to $266 (28%) lower than Redwood.
New Hope
New Hope is roughly 3 miles south of Redwood. Its housing prices are somewhat more expensive. The median home value in New Hope is $297,900, which works out to $20,100 (6%) higher than Redwood. Rents there are a lot less expensive. New Hope's median rent is $622 per month, which is $573 (92%) lower than Redwood.
Merlin
Merlin is roughly 6 miles north of Redwood. Housing prices there are a little more expensive. Merlin's median home value is $313,100, which is $35,300 (11%) higher than Redwood. Rent there is substantially less expensive. The median monthly rent in Merlin is $677, which works out to $518 (76%) lower than Redwood.
Rogue River
Rogue River is about 9 miles east from Redwood. The housing prices there are significantly less expensive. The median home in Rogue River costs $182,400, which works out to $95,400 (52%) lower than Redwood. Rents there are a lot less expensive. The median monthly rent in Rogue River is $793, which comes out to $402 (50%) lower than Redwood.
Williams
Williams is about 13 miles south from Redwood. The real estate prices there are a bit more expensive. The price of the median home in Williams is $317,400, which is $39,600 (12%) higher than Redwood. The rent there is a bit more expensive. Williams's median monthly rent is $1,359, which comes out to $164 (12%) higher than Redwood.
