Myrtle Creek, OR is a great place to invest in housing due to the median value being close to the US median value of $338,100. The appreciation rate of 8.24% over the past year also shows that this area is a stable and growing housing market. Investors looking for good returns would do well to consider Myrtle Creek due to its competitive market and promising outcomes.
The median home cost in Myrtle Creek is $276,000. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Myrtle Creek is up 13.1%.
Average Age of Homes
- The median age of Myrtle Creek real estate is 45 years old
The Rental Market in Myrtle Creek
- Renters make up 45.1% of the Myrtle Creek population
- 1.7% of houses and apartments in Myrtle Creek, 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.