The housing market in Mission, OR is flourishing. The median value of houses in Mission, OR is $206,200, which is substantially lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate for Mission, OR is significantly higher at 12.74%, compared to the US house appreciation rate of 8.27%. This indicates that the housing market in Mission, OR is experiencing positive growth and increasing in value faster than the US as a whole. Therefore people looking to purchase homes in Mission should take advantage of this opportunity and invest now for potential future growth.
The median home cost in Mission is $206,200. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Mission is up 15.2%.
Average Age of Homes
- The median age of Mission real estate is 34 years old
The Rental Market in Mission
- Renters make up 52.9% of the Mission population
- 0.3% of houses and apartments in Mission, 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.