The housing situation in Scio, OR is quite strong. The median value for houses in the city is $543,800 which is much higher than the national median value of $338,100. This further illustrates the strength of the housing market due to the 1 year house appreciation rate being 9.26%, which is slightly higher than the national average of 8.27%. This makes Scio an attractive location for those looking to invest in real estate or looking for a place to call home.
The median home cost in Scio is $543,800. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Scio is up 14.2%.
Average Age of Homes
- The median age of Scio real estate is 45 years old
The Rental Market in Scio
- Renters make up 22.6% of the Scio population
- 0.0% of houses and apartments in Scio, 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.