The housing market in Brookings, OR Metro Area is strong and thriving, with the median value standing at $424,900 - significantly higher than the national median of $338,100. Furthermore, house appreciation in the metro area stands at 8.40%, which is slightly higher than the national rate of 8.27%. This demonstrates that housing prices in this area are continuing to rise steadily, making Brookings a great option for potential homeowners or investors looking to grow their assets.
The median home cost in Brookings Metro Area is $424,900. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Brookings Metro Area is up 13.1%.
Average Age of Homes
- The median age of Brookings Metro Area real estate is 35 years old
The Rental Market in Brookings Metro Area
- Renters make up 28.3% of the Brookings Metro Area population
- 1.9% of houses and apartments in Brookings Metro Area, 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.