Raleigh Hills, OR is an affluent neighborhood in the Portland area with a median house value of $898,000. This is significantly higher than the US median house value of $338,100, indicating that Raleigh Hills is an expensive place to live. Despite this high cost of living, the rate of appreciation over the past year has been modest at only 2.38%, compared to the national rate of 8.27%. This slower rate of appreciation may indicate that Raleigh Hills housing prices are stabilizing and have leveled out in recent times.
The median home cost in Raleigh Hills is $898,000. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Raleigh Hills is up 7.7%.
Average Age of Homes
- The median age of Raleigh Hills real estate is 48 years old
The Rental Market in Raleigh Hills
- Renters make up 41.3% of the Raleigh Hills population
- 4.6% of houses and apartments in Raleigh Hills, 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.