Scotts Mills, OR is an attractive place to buy a home, as the median housing value is $552,300. This is significantly higher than the US house median value of $338,100. In addition to this large gap between values, there has also been strong appreciation in house values in Scotts Mills over the past year, with an impressive 9.26% increase compared to the US 1 year house appreciation rate of 8.27%. This indicates a strong trend of increasing home values in Scotts Mills and suggests that investing in housing here could be a wise move for potential homeowners.
The median home cost in Scotts Mills is $552,300. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Scotts Mills is up 14.2%.
Average Age of Homes
- The median age of Scotts Mills real estate is 26 years old
The Rental Market in Scotts Mills
- Renters make up 25.0% of the Scotts Mills population
- 0.0% of houses and apartments in Scotts Mills, 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.