Prospect, OR is an area with a strong housing market. The median value of homes in Prospect, OR is $321,300, which is slightly lower than the US median house value of $338,100. Despite being lower than the national average, Prospect has experienced an appreciation rate of 3.82% over the past year, which is below the 8.27% national average but still shows promise for potential homeowners and real estate investors.
The median home cost in Prospect is $321,300. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Prospect is up 8.5%.
Average Age of Homes
- The median age of Prospect real estate is 50 years old
The Rental Market in Prospect
- Renters make up 28.6% of the Prospect population
- 0.0% of houses and apartments in Prospect, 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.