The housing market in Polk, OR County is a strong one, with the median value of homes coming in at $428,100. This is significantly higher than the US median home value of $338,100. The US has seen an average house appreciation rate of 8.27% over the past year, while Polk OR County has seen an appreciation rate of 6.12%. With these figures it is clear that the housing market in Polk OR County is healthy and thriving.
The median home cost in Polk County is $428,100. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Polk County is up 14.2%.
Average Age of Homes
- The median age of Polk County real estate is 32 years old
The Rental Market in Polk County
- Renters make up 32.7% of the Polk County population
- 1.4% of houses and apartments in Polk County, 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.