Elgin, OR Housing

Housing in Elgin, OR is currently much more affordable than the US median value. The median value of a home in Elgin is $214,400 while the national median is $338,100. There has been an impressive appreciation of 12.74% for homes in Elgin over the last year and this far surpasses the 8.27% appreciation seen nationally. As a result, homeowners in Elgin are seeing the value of their properties increase at a higher rate than those living elsewhere in the United States.

The median home cost in Elgin is $214,400. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Elgin is up 15.2%.

Average Age of Homes

- The median age of Elgin real estate is 44 years old

The Rental Market in Elgin

- Renters make up 34.3% of the Elgin population
- 1.5% of houses and apartments in Elgin, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elgin, Oregon	United States
	714.0	139,647,020.0
	50	42
	$214,400	$338,100
	15.2%	16.6%
	70.1%	57.0%
	105.4%	101.1%
	$10.95	$10.98
	$1,575	$2,690
	64.4%	57.4%
	9.7%	11.2%
	25.9%	31.4%
Vacant Housing
	1.5%	1.9%
	1.3%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.4%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	2.0%	2.4%
	7.4%	2.8%
	5.7%	3.9%
	8.5%	4.5%
	23.3%	11.3%
	29.3%	13.0%
	17.2%	20.1%
	0.0%	13.6%
	0.7%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	10.6%	13.6%
	7.4%	13.2%
	29.3%	14.8%
	10.6%	13.6%
	12.0%	10.0%
	6.6%	4.7%
	21.0%	12.2%