Mill City, OR is a vibrant community located in the heart of the Pacific Northwest. The housing market in Mill City has been steadily increasing over the past year, with the median value standing at $324,800. This is slightly lower than the US house median value of $338,100 and indicates that Mill City still offers great value for families looking to purchase a home. Furthermore, there has been an impressive appreciation rate of 9.26% over the past year in Mill City compared to 8.27% nationally, indicating that housing values are continuing to rise in this vibrant city.
The median home cost in Mill City is $324,800. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Mill City is up 14.2%.
Average Age of Homes
- The median age of Mill City real estate is 67 years old
The Rental Market in Mill City
- Renters make up 22.1% of the Mill City population
- 2.7% of houses and apartments in Mill City, 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.