Real Estate Investing in Shady Cove, Oregon (97539)

Jackson County • Population: 3,349 • Data updated: June 2026

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Should you buy in 97539 (Shady Cove, OR)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (40/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 11.3% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 25.4 — hard to cash-flow at these prices.

What’s happening in Shady Cove, OR (97539)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $419,433
Avg Monthly Rent $1,377
1% Rule ✗ Does Not Meet
Median Income $59,740
% Renters 24.3%

Market Analysis: 97539 Shady Cove

This part of Jackson County is not an easy win. The 97539 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $419K asset, 97539 is the wrong submarket. If the plan prices in friction, the yield can still work.

In the broader OR picture, 97539 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 97539 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Distressed ZIPs reward experience. substantial returns are possible in 97539, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.49% as of Jun 25 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Shady Cove:

D Needs Caution
Buy Confidence Score: 49/100
Affordability
5/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7× the median income
Value Trend
Stable (+0.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,377/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Medford, OR Metro Area
Even conditions for buyers and sellers
45 days
Average time to sell
Average
9.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of June 20, 2026 — updated weekly from Medford, OR metro data
🏠

Property Strategy for 97539

Which property type performs best in this market?

Best for Cash Flow
3BR
3.6% cap rate
Best for Appreciation
3BR
+4.5% 5yr CAGR
Best Overall Value
3BR
$141,320/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $316,350 $1,530 3.5% +4.1% $158,175
3BR $423,961 $2,130 3.6% +4.5% $141,320
4BR $566,417 $2,510 3.2% +4.3% $141,604

Market Trends

Home Value History (with trend line)

$454K$390K$325K$261K$196K$132KMay 2006May 2016May 2026

📊 How Does 97539 Compare?

Metric 97539 Shady Cove Medford, OR Oregon
Home Value $419,433 $419,433 N/A $493,884
5-Year CAGR 2.1% 2.1% N/A 4.9%
Avg Rent $1,377 $1,377 N/A -
Cap Rate 2.6% 2.6% - -
💡 Why Invest in 97539? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 97539 (Shady Cove, OR). Anonymous, moderated, never written by AI.

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Property managers serving Jackson County

Manage rentals here? List your business →

Quality Property Management Company offers residential, commercial, and association management services, including affordable housing for older adults, in Medford, Oregon. summary from their website

Single-familyCommercialHOASection 8
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.6%
Low
5yr Growth
+2.1%
Slow

📉 Market Crash Risk Index

Based on Medford, OR metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
59%
Days Pending
1/2
45 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $419,433
Monthly Rent $1,377
Price-to-Rent 25.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.6%
5-Year IRR 4.7%

📈 Home Appreciation

1-Year +0.5% ▲
3-Year CAGR +1.0% ▲
5-Year CAGR +2.1% ▲
10-Year CAGR +5.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.5%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
11.3%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+2.1%
Stable
Eviction process: Fast Rent control: Unfavorable

Demographics in 97539

Population: 3,349

💰 Median Household Income
$59,740
This area
$59,740
State
$71,325
USA
$74,580
🏠 Renter Occupied
24.3%
This area
24.3%
State
28.8%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-6.1%
USA
3.7%
🎓 College Educated
18.8%
This area
18.8%
State
13.8%
USA
33.7%
👤 Median Age
58.8 years
This area
58.8 years
State
31.5 years
USA
38.9 years
🏚️ Vacancy Rate
11.3%
This area
11.3%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 83.9%
Other/Mixed 14.5%
Hispanic/Latino 5.7%
Asian 1.1%
Black/African American 0.6%
👶 Under 18
13.3%
This area
13.3%
USA
22.0%
👴 65 and Over
32.0%
This area
32.0%
USA
17.3%
📊 Poverty Rate
5.3%
This area
5.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 97539

B+ Avg School Grade
1 Schools
14.2:1 Avg Class Size
$14,462 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Shady Cove School

📚 K – 08 School
👥
213 Students
👨‍🏫
14.2:1 Class Size
💰
$14,462 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

What strategy should investors use in Shady Cove, OR?

Most investors in Shady Cove, OR run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Do landlords face vacancy issues in Shady Cove, OR?

Shady Cove, OR vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the typical rental rate in Shady Cove, OR?

Expect rents around $1,377/mo per month in Shady Cove, OR. With home values at $419K, the yield math works out to reasonable levels for rental investors.

What is it like being a landlord in Shady Cove, OR?

Landlord-friendliness in Shady Cove, OR is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is it easy to find good tenants in Shady Cove, OR?

Tenant quality in Shady Cove, OR ranks as solid. Landlords generally report predictable occupancy at market rents of $1,377/mo.

See what 97539 really looks like for investors

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