Myrtle Point, OR has a median housing value of $288,300, which is lower than the US House Median Value of $338,100. Despite this difference in values, the rate of housing appreciation in Myrtle Point mirrors that of the United States as both saw an 8.24% and 8.27% increase respectively in house values over the past year. This shows the stability and potential for growth within the Myrtle Point housing market despite its lower median value compared to the national average.
The median home cost in Myrtle Point is $288,300. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Myrtle Point is up 13.1%.
Average Age of Homes
- The median age of Myrtle Point real estate is 58 years old
The Rental Market in Myrtle Point
- Renters make up 29.0% of the Myrtle Point population
- 1.5% of houses and apartments in Myrtle 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.