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215 New Spirit Way Lot 21, Medford, OR, 97501

1beds
1baths
626sqft
$188,000
$300price/sqft
$1,289/moest. monthly cost
$51,560/yrincome needed

About This Home

Meet the ''Hummingbird,'' an innovative 1 bed/1 bath, single-level home in New Spirit Village. Energy-smart frame construction with a ductless heat pump, LVP throughout, and an open living/kitchen. Refrigerator, washer, and dryer included. Enjoy a private rear patio, fenced backyard with durable vinyl, and an exterior storage shed--great for bikes and tools. Adjacent to 8-acre Lewis Park with trails, playgrounds, splash pad, and a basketball court. New Spirit Village's pay-it-forward Community Land Trust keeps prices below market and preserves long-term affordability (resale, owner-occupancy, income, and other restrictions apply). Qualifies for Amplify Oregon--an equity-builder mortgage with no PMI, no funding fee, no down payment (100% financing), interest rates in the 4s, and a 20-year term. Photos for illustration only.

Getting Around

53
WalkingSomewhat Walkable
23
TransitMinimal Transit
50
BikeBikeable

Schools

2/10
2/10
Mcloughlin Middle SchoolGrades 6-81.0 mi
6/10
South Medford High SchoolGrades 9-121.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Other

  • Builder name: Outlier Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential Leased Land

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Open Floorplan,Shower/Tub Combo
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Ductless,Heat Pump
  • Cooling features: Ductless

Interior Area

  • Total structure area: 626
  • Total interior livable area: 626 sqft

Property

Details

  • Parcel number: 11017764
  • Zoning description: SR-2.5
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch

Parking

  • Parking features: Driveway,No Garage
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Winter Weather
Earthquake
Wildfire

FEMA Declared Disasters in Jackson County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $950$11,400
Home Insurance *$49$588
Property Taxes $114$1,368
Electricity $176$2,119
Total$1,289$15,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,194/yr
40% on housing$38,670/yr
45% on housing$34,373/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 97501$192
Jackson County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 97501$247
Jackson County$265

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-13Listed for sale$188,000

New Construction

AgentJacob M Ghena
BrokerageMore Realty

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