The housing market in Mitchell, OR is thriving with a median value of $333,000. This is slightly below the US House Median Value of $338,100. Despite this, the 1 year house appreciation in Mitchell, OR is 8.40%, which is higher than the US 1 year House Appreciation of 8.27%. This shows that the housing market in Mitchell, OR is performing well and could offer strong returns for investors and homeowners alike.
The median home cost in Mitchell is $333,000. Home appreciation the last 10 years has been 228.8%. Home Appreciation in Mitchell is up 14.0%.
Average Age of Homes
- The median age of Mitchell real estate is 71 years old
The Rental Market in Mitchell
- Renters make up 24.7% of the Mitchell population
- 8.1% of houses and apartments in Mitchell, 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.