Is Shady Cove, OR 97539 a buyer’s or seller’s market?
Shady Cove is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Shady Cove housing market right now
In the three months ending August 31, 2026, 22% of homes in Shady Cove, OR 97539 sold above their list price, the typical home went under contract in 28 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (80 days then) and the median sale price rose 35% to $509,779. Overall, Shady Cove is more competitive than a year ago, so tougher for buyers.
Within Jackson County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 71%.
Nearby, buyers who want less competition could look at Trail 97541 (0% sold over asking) or Prospect 97536 (0% sold over asking), while Phoenix 97535 (38% sold over asking) and Gold Hill 97525 (33% sold over asking) are even more competitive.
Run the numbers for 97539
Nearby markets
Ashland 97520Balanced $315 /sq ftButte Falls 97522Buyer’s market $154 /sq ftCentral Point 97502Seller’s market $266 /sq ftEagle Point 97524Balanced $259 /sq ft Browse all markets →Towns like Shady Cove nearby
Find towns like Shady Cove in other states →Where Shady Cove is
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Questions about Shady Cove real estate
Is Shady Cove a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Shady Cove, OR 97539 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Shady Cove?
The typical home went under contract in 28 days in the latest three months.
Do homes in Shady Cove sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Shady Cove?
About 0.74% of a home’s value a year in Jackson County, or roughly $2,960 on a $400,000 home.
What is the median home price in Shady Cove?
The median sale price was $509,779 in the three months ending August 31, 2026, about $240 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology