Baker City, OR is a great place to invest in housing. The median value of houses in Baker City is $222,100, which is significantly lower than the US median value of $338,100. However, this does not mean that Baker City has seen less appreciation in the past year; quite the opposite, as the one year house appreciation rate for Baker City is 12.74%, while the US average was 8.27%. This shows that purchasing a home in Baker City would be an excellent investment for anyone looking to buy or rent property in the area.
The median home cost in Baker City is $222,100. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Baker City is up 15.2%.
Average Age of Homes
- The median age of Baker City real estate is 59 years old
The Rental Market in Baker City
- Renters make up 36.8% of the Baker City population
- 1.4% of houses and apartments in Baker City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.