The housing in Merlin, OR is quite expensive compared to the US median value of $338,100. On average, the housing median value in Merlin is $440,900 – this is significantly higher than the national median. Despite its high cost, the appreciation rate for houses in Merlin, OR over the last year has only been 3.82%, which is lower than the US' 8.27% appreciation rate. This indicates that while house prices are high in Merlin they may not be increasing as quickly as other areas.
The median home cost in Merlin is $440,900. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Merlin is up 8.5%.
Average Age of Homes
- The median age of Merlin real estate is 28 years old
The Rental Market in Merlin
- Renters make up 30.4% of the Merlin population
- 0.0% of houses and apartments in Merlin, 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.