The housing market in La Grande, OR is an attractive option for potential buyers. The median value of a home in La Grande is $261,200, which is well below the US median of $338,100. Furthermore, the 1 year house appreciation rate in La Grande has been 12.74%, significantly higher than the national average of 8.27%. This high appreciation rate is indicative of a strong housing market with a bright future outlook for both investors and homeowners alike.
The median home cost in La Grande is $261,200. Home appreciation the last 10 years has been 105.4%. Home Appreciation in La Grande is up 15.2%.
Average Age of Homes
- The median age of La Grande real estate is 47 years old
The Rental Market in La Grande
- Renters make up 43.2% of the La Grande population
- 2.2% of houses and apartments in La Grande, 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.