Wheeler, OR is a great place to live for those looking for an affordable housing option. The median value of homes in the area is $455,900, far below the US median value of $338,100. In the past year, the US housing appreciation rate was 8.27%, while Wheeler had a slightly lower appreciation rate of 7.02%. This indicates that Wheeler offers a good opportunity for buyers who are hoping to purchase a house at a reasonable price and enjoy some long-term appreciation benefits. With its attractive housing prices and moderate appreciation rate, Wheeler makes an ideal destination for homebuyers in search of a new place to call home.
The median home cost in Wheeler is $455,900. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Wheeler is up 13.1%.
Average Age of Homes
- The median age of Wheeler real estate is 39 years old
The Rental Market in Wheeler
- Renters make up 21.3% of the Wheeler population
- 1.7% of houses and apartments in Wheeler, 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.