The housing market in Pendleton, OR is thriving with a median value of $266,100 and an impressive 1 year appreciation rate of 12.74%. This is higher than the US House Median Value of $338,100 and the US 1 year House Appreciation rate of 8.27%, indicating that this particular city is growing in terms of housing. With its affordable median value and a rising appreciation rate, Pendleton is a great place to invest in real estate.
The median home cost in Pendleton is $266,100. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Pendleton is up 15.2%.
Average Age of Homes
- The median age of Pendleton real estate is 57 years old
The Rental Market in Pendleton
- Renters make up 41.7% of the Pendleton population
- 3.4% of houses and apartments in Pendleton, 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.