The housing market in Rainier, OR is quite robust, with a median value of $411,000. This is considerably higher than the United States' median house value of $338,100. In the past year, the United States' housing appreciation has been 8.27%, while appreciation in Rainier has been slightly lower at 6.12%. This demonstrates that Rainier's housing market is highly competitive and sought after by buyers looking for a place to live or invest in real estate.
The median home cost in Rainier is $411,000. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Rainier is up 12.2%.
Average Age of Homes
- The median age of Rainier real estate is 45 years old
The Rental Market in Rainier
- Renters make up 37.2% of the Rainier population
- 0.0% of houses and apartments in Rainier, 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.