How much house does $500,000 buy you in Grants Pass?
How much house does $500,000 buy you in Grants Pass?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Grants Pass?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Grants Pass right now. Listings below $500,000 were included if necessary.
508 Northwest E St, Grants Pass, OR 97526
- Price: $485,000
- 6 bedrooms, 3 bathrooms
- Square feet: 3,036
- See 508 Northwest E St, Grants Pass, OR 97526 on Redfin.com
836 Sleepy Hollow Loop, Grants Pass, OR 97527
- Price: $499,000
- 5 bedrooms, 2 bathrooms
- Square feet: 2,844
- See 836 Sleepy Hollow Loop, Grants Pass, OR 97527 on Redfin.com
740 Ne 8Th St, Grants Pass, OR 97526
- Price: $499,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,262
- See 740 Ne 8Th St, Grants Pass, OR 97526 on Redfin.com
1318 Nw Bellevue Pl, Grants Pass, OR 97526
- Price: $479,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,226
- See 1318 Nw Bellevue Pl, Grants Pass, OR 97526 on Redfin.com
781 Cheney Creek Rd, Grants Pass, OR 97527
- Price: $499,950
- 4 bedrooms, 3 bathrooms
- Square feet: 2,202
- See 781 Cheney Creek Rd, Grants Pass, OR 97527 on Redfin.com
151 Patton Bar Rd, Cave Junction, OR 97523
- Price: $499,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,300
- See 151 Patton Bar Rd, Cave Junction, OR 97523 on Redfin.com
180 White Oak Dr, Cave Junction, OR 97523
- Price: $485,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,110
- See 180 White Oak Dr, Cave Junction, OR 97523 on Redfin.com
208 Macnew Ln, Grants Pass, OR 97527
- Price: $499,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,232
- See 208 Macnew Ln, Grants Pass, OR 97527 on Redfin.com
120 Gold River Ln, Grants Pass, OR 97527
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,227
- See 120 Gold River Ln, Grants Pass, OR 97527 on Redfin.com
984 Mesman Dr, Grants Pass, OR 97527
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,173
- See 984 Mesman Dr, Grants Pass, OR 97527 on Redfin.com
1346 Sunny Slope Dr, Grants Pass, OR 97527
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,054
- See 1346 Sunny Slope Dr, Grants Pass, OR 97527 on Redfin.com
230 Blackwell Dr, Grants Pass, OR 97527
- Price: $488,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,673
- See 230 Blackwell Dr, Grants Pass, OR 97527 on Redfin.com
140 Bonanza Dr, Selma, OR 97538
- Price: $475,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,759
- See 140 Bonanza Dr, Selma, OR 97538 on Redfin.com
395 Grandview Ln, Grants Pass, OR 97527
- Price: $490,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,335
- See 395 Grandview Ln, Grants Pass, OR 97527 on Redfin.com
1195 E Park St, Grants Pass, OR 97527
- Price: $469,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,200
- See 1195 E Park St, Grants Pass, OR 97527 on Redfin.com
905 Lathrop Rd, Grants Pass, OR 97526
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,100
- See 905 Lathrop Rd, Grants Pass, OR 97526 on Redfin.com
560 Jackpine Dr, Grants Pass, OR 97526
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,052
- See 560 Jackpine Dr, Grants Pass, OR 97526 on Redfin.com
135 Cabernet Cir, Cave Junction, OR 97523
- Price: $490,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,995
- See 135 Cabernet Cir, Cave Junction, OR 97523 on Redfin.com
16792 Water Gap Rd, Williams, OR 97544
- Price: $499,998
- 3 bedrooms, 2 bathrooms
- Square feet: 1,908
- See 16792 Water Gap Rd, Williams, OR 97544 on Redfin.com
475 Pyle Dr, Grants Pass, OR 97527
- Price: $495,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,745
- See 475 Pyle Dr, Grants Pass, OR 97527 on Redfin.com
2837 Sw Eastwood Ln, Grants Pass, OR 97527
- Price: $482,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,667
- See 2837 Sw Eastwood Ln, Grants Pass, OR 97527 on Redfin.com
1746 Sw Waterstone Dr, Grants Pass, OR 97527
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,626
- See 1746 Sw Waterstone Dr, Grants Pass, OR 97527 on Redfin.com
2882 Esther Ln, Grants Pass, OR 97527
- Price: $469,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,609
- See 2882 Esther Ln, Grants Pass, OR 97527 on Redfin.com
455 Crystal Dr, Grants Pass, OR 97527
- Price: $498,700
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,942
- See 455 Crystal Dr, Grants Pass, OR 97527 on Redfin.com
330 Tunnel Creek Rd, Grants Pass, OR 97526
- Price: $494,900
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,937
- See 330 Tunnel Creek Rd, Grants Pass, OR 97526 on Redfin.com
532 Sheraton Dr, Williams, OR 97544
- Price: $475,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,280
- See 532 Sheraton Dr, Williams, OR 97544 on Redfin.com
4433 Rogue River Hwy, Grants Pass, OR 97527
- Price: $475,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,720
- See 4433 Rogue River Hwy, Grants Pass, OR 97527 on Redfin.com
28057 Redwood Hwy, Cave Junction, OR 97523
- Price: $475,000
- 2 bedrooms, 1.5 bathrooms
- Square feet: 1,200
- See 28057 Redwood Hwy, Cave Junction, OR 97523 on Redfin.com
1001 Indian Creek Rd, Selma, OR 97538
- Price: $485,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,879
- See 1001 Indian Creek Rd, Selma, OR 97538 on Redfin.com
509 Marble Mountain Rd, Grants Pass, OR 97527
- Price: $500,000
- 2 bedrooms, 1 bathroom
- Square feet: 880
- See 509 Marble Mountain Rd, Grants Pass, OR 97527 on Redfin.com