Oregon, MI is an area with a reasonably high median housing value of $250,600. This is significantly lower than the US median house value of $338,100 but the appreciation rate in Oregon, MI over the past year has still been 6.41%, which is slightly lower than the national 1 year appreciation rate of 8.27%. With its relatively low cost and still significant appreciation rate, Oregon, MI can be seen as a desirable place to invest in real estate.
The median home cost in Oregon is $250,600. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Oregon is up 12.8%.
Average Age of Homes
- The median age of Oregon real estate is 41 years old
The Rental Market in Oregon
- Renters make up 7.2% of the Oregon population
- 0.0% of houses and apartments in Oregon, 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.