5

University District Homes for Sale

Section Image Section Image
  • 961 Pinecrest Terrace, Ashland, OR 97520
    961 Pinecrest Terrace, Ashland, OR 97520
    961 Pinecrest Terrace, Ashland, OR 97520
    /17

    $239,000

    $16K PRICE DROP
    • Land
    • 13,503 Sq Ft
    • $770,968 per Acre

    961 Pinecrest Terrace, Ashland, OR 97520

    Nestled above Southern Oregon University, this .31-acre residential lot offers a rare blend of serenity and convenience. Set within a small planned community, the property features fairly level terrain—an ideal canvas for building your custom home. Enjoy peaceful surroundings, mountain views, and easy access to trails, downtown Ashland, and campus amenities. Suncrest Homes, builder of many fine

    Agent Photo

    Victoria Sheadel

    Gateway Real Estate

    961 Pinecrest Terrace, Ashland, OR 97520
  • 619 Elkader St, Ashland, OR 97520
    619 Elkader St, Ashland, OR 97520
    619 Elkader St, Ashland, OR 97520
    /58

    $1,625,000

    • 5 Beds
    • 3.5 Baths
    • 4,448 Sq Ft

    619 Elkader St, Ashland, OR 97520

    This 4-bedroom home, plus a separate 1-bedroom accessory unit, is a standout on almost any block, thanks to its amazing use of space and unique contemporary design. The pitched metal roof, clean lines, and mix of materials really catch the eye. Inside, the main-floor primary bedroom suite boasts high windows in the dual-primary bath, while the expansive living/dining area off the kitchen is

    Eric Bonetti Millen Property Group

    619 Elkader St, Ashland, OR 97520
  • 595 Monroe St, Ashland, OR 97520
    595 Monroe St, Ashland, OR 97520
    595 Monroe St, Ashland, OR 97520
    /42

    $690,000

    $85K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,070 Sq Ft

    595 Monroe St, Ashland, OR 97520

    Amazing opportunity with 5 legal lots per City of Ashland and phenomenal views. Amy Gunter of Rogue Planning & Development Services has extensively researched and received letter from City of Ashland Legal Lot Determination stating 5 lots. TID water rights. In addition there is a cute, sweet 2 bedroom, 2 bath home with detached garage. Orignal wood floors in bedroom and livingroom and maybe under

    Susie Brown Absolute Realty

    595 Monroe St, Ashland, OR 97520
  • 1365 Ponderosa Dr, Ashland, OR 97520
    1365 Ponderosa Dr, Ashland, OR 97520
    1365 Ponderosa Dr, Ashland, OR 97520
    /50

    $860,000

    $38K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,284 Sq Ft

    1365 Ponderosa Dr, Ashland, OR 97520

    Tucked in the hills of Ashland, this exquisite light filled brick home offers a rare blend of elegance, privacy, views and natural beauty. This 3 bedroom, 2 bath house features a large open floorplan, skylights, chef's kitchen with 6 burner gas range and island, expansive great room, double paned windows, dining room, primary suite with walk in closet and so much more.This thoughtfully

    Melanie Peitzke Windermere Van Vleet & Associates

    1365 Ponderosa Dr, Ashland, OR 97520
  • 1536 Pinecrest Terrace, Ashland, OR 97520
    1536 Pinecrest Terrace, Ashland, OR 97520
    1536 Pinecrest Terrace, Ashland, OR 97520
    /65

    $595,000

    $30K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,287 Sq Ft

    1536 Pinecrest Terrace, Ashland, OR 97520

    Welcome to this stunning 1993-built home on a private .29-acre lot. Dramatic floor-to-ceiling windows flood the front rooms with natural light and frame the gorgeous scenery. The main floor features 2 bedrooms, including a large primary suite and walk-in closet, a main-level office/3rd bedroom with built in Murphy bed, 2 full baths, a cozy den, a sunroom, a huge front living room with vaulted

    Raliegh Grantham Windermere Van Vleet & Associates

    1536 Pinecrest Terrace, Ashland, OR 97520
Oregon Jackson County Ashland

Real Estate & Homes for Sale in University District, Ashland

Why Live in University District
The University District in Ashland, Oregon, is situated on the hills above Siskiyou Boulevard, offering residents picturesque views of the surrounding evergreen forests. Southern Oregon University (SOU) is a central feature of the neighborhood, known for its distinguished drama program and the Oregon Shakespeare Festival. The university’s Oregon Center for the Arts hosts annual Chamber Music Concerts and art exhibitions at the Schneider Museum of Art. Homes in the University District, predominantly built after the 1950s, showcase reimagined Craftsman and modern architecture, with prices ranging from $675,000 to over $1 million. The area is rich in green spaces, with trails starting near homes and extending into the Oredson Todd Woods and Siskiyou Mountain Park, which together offer 300 acres of outdoor attractions. Walker Elementary School, Ashland Middle School, and Ashland High School are highly rated, with the high school featuring a notable theater program. Local dining includes Omar’s Fresh Seafood and Steaks, established in 1946, and Great American Pizza Company. The neighborhood also provides convenient shopping options at Market of Choice and the Ashland Shopping Center. While the area is safer than the national average, residents should be aware of potential wildfire risks due to dense forestry and high temperatures. Public schools are equipped with advanced HVAC systems to mitigate smoke from wildfires. The Boulevard offers several bus stops for easy commuting, and Ashland Street connects to Interstate 5 for travel towards Portland or the California border.
Learn more about living in University District

University District, Ashland, OR Home Prices vs. Nearby Neighborhoods

University District 3 Tiers of Ashland Quiet Village Northwest Ashland
Median Home Price
$768,000
$647,500
$649,000
$982,000
Median Sale Price
$745,000
+4% YoY
$590,000
-11% YoY
$640,000
+11% YoY
$924,500
+7% YoY
Median Single Family Price
$745,000
$639,000
$649,500
$857,500
Total Active Listings
4 listings
15 listings
9 listings
8 listings
Market Conditions
3 Months of Supply
Seller's Market
4 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market
12 Months of Supply
Buyer's Market

Frequently Asked Questions

Is University District a good place to live?
University District is a good place to live. University District is considered somewhat walkable and somewhat bikeable with minimal transit options. It has a median age of 41. The average household income is $113,627 which is above the national average. College graduates make up 76.4% of residents. A majority of residents in University District are home owners, with 35% of residents renting and 65% of residents owning their home. A local real estate agent serving University District can help you decide if this neighborhood is the right one for you. Learn more on our University District neighborhood guide.
How much do you need to make to afford a house in University District?
The median home price in University District is $768,000. If you put a 20% down payment of $153,600 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $3,950 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $169K a year to afford the median home price in University District. Learn how much home you can afford with our Home Affordability Calculator. The average household income in University District is $114K.
What are the best public schools in University District?
The best public schools that serve University District are:
What are the best private schools in University District?
The best private schools that serve University District are:
What are the most popular zip codes in University District, Ashland, OR?
The most popular zip codes in University District, Ashland, OR include 97520, 97540, 97535, 97504 and 97501.
What are the most popular neighborhoods near University District, Ashland, OR?
The most popular neighborhoods near University District, Ashland, OR are Central Ashland, South Ashland, 3 Tiers of Ashland, Railroad District and Mill Pond.
How to Buy a Home How to Finance a Home How to Sell a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group