Central Point, OR is a great place to invest in real estate, with a median housing value currently at $370,400. Compared to the national median housing value of $338,100, Central Point offers higher housing values, giving potential buyers more bang for their buck. Furthermore, while the US has seen an appreciation of 8.27% over the past year, the appreciation rate in Central Point stands at 3.82%, making it an attractive and relatively low-risk option for those looking to make long-term investments.
The median home cost in Central Point is $370,400. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Central Point is up 8.5%.
Average Age of Homes
- The median age of Central Point real estate is 24 years old
The Rental Market in Central Point
- Renters make up 35.5% of the Central Point population
- 0.7% of houses and apartments in Central Point, 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.