La Grande Metro Area, OR Housing

The housing market in La Grande, OR Metro Area is thriving. The median value of homes is $266,400, which is significantly lower than the national median of $338,100. However, the appreciation rate of homes in this area has been higher than the national average over the past year, with a 12.74% increase compared to 8.27% nationwide. This strong appreciation rate is an indication that La Grande’s housing market is doing well and will continue to be a desirable place to live and invest in real estate for years to come.

The median home cost in La Grande Metro Area is $266,400. Home appreciation the last 10 years has been 105.4%. Home Appreciation in La Grande Metro Area is up 15.2%.

Average Age of Homes

- The median age of La Grande Metro Area real estate is 45 years old

The Rental Market in La Grande Metro Area

- Renters make up 31.6% of the La Grande Metro Area population
- 1.2% of houses and apartments in La Grande 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	La Grande, Oregon	United States
	11,641.0	139,647,020.0
	48	42
	$266,400	$338,100
	15.2%	16.6%
	70.1%	57.0%
	105.4%	101.1%
	$9.17	$10.98
	$1,890	$2,690
	60.9%	57.4%
	9.5%	11.2%
	29.6%	31.4%
Vacant Housing
	1.2%	1.9%
	0.1%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	2.6%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	1.9%	2.4%
	2.8%	2.8%
	2.1%	3.9%
	4.0%	4.5%
	13.8%	11.3%
	18.5%	13.0%
	23.8%	20.1%
	14.3%	13.6%
	7.3%	8.3%
	3.8%	9.7%
	1.0%	3.9%
	0.9%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.0%	13.6%
	7.0%	13.6%
	12.5%	13.6%
	11.7%	13.2%
	19.5%	14.8%
	12.5%	13.6%
	6.5%	10.0%
	4.4%	4.7%
	25.0%	12.2%

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