The housing market in Powers, OR is quite strong. The median value of houses in the area is $188,800, which is significantly lower than the US median value of $338,100. Despite this difference, however, the annual appreciation rate for real estate in Powers matches the national average at 8.24%. This indicates that even though homes may be more affordable in Powers, their value still appreciates at a steady and reliable rate. This makes it an ideal place for potential homeowners to invest in property with confidence.
The median home cost in Powers is $188,800. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Powers is up 13.1%.
Average Age of Homes
- The median age of Powers real estate is 55 years old
The Rental Market in Powers
- Renters make up 25.4% of the Powers population
- 0.0% of houses and apartments in Powers, 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.