The housing market in Eagle Point, OR is currently strong. The median value of a house in the area is $424,000, which is significantly higher than the national median value of $338,100. While house appreciation has been high nationally at 8.27%, it has been slightly lower in Eagle Point with an appreciation rate of 3.82%, indicating a slightly more stable housing market compared to other parts of the country. Homeowners in Eagle Point can expect to enjoy an increase in their home values over time while still enjoying a lower appreciation rate than what is seen nationally.
The median home cost in Eagle Point is $424,000. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Eagle Point is up 8.5%.
Average Age of Homes
- The median age of Eagle Point real estate is 16 years old
The Rental Market in Eagle Point
- Renters make up 36.0% of the Eagle Point population
- 0.0% of houses and apartments in Eagle Point, 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.