The housing market in 97007 Aloha, OR is a healthy one. The median value of a house in this area is $576,000 compared to the US median of $338,100. This shows that the housing in 97007 Aloha is more valuable than across the country as a whole. Additionally, while the one-year appreciation rate for houses in the US was 8.27%, it was 6.12% for 97007 Aloha, indicating that although homes here are gaining value at a slower rate than elsewhere in America, they are still doing so nonetheless. Therefore, buying property or investing in real estate there can be an attractive option for potential homeowners and investors alike.
The median home cost in Aloha (zip 97007) is $576,000. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Aloha (zip 97007) is up 12.2%.
Average Age of Homes
- The median age of Aloha (zip 97007) real estate is 27 years old
The Rental Market in Aloha (zip 97007)
- Renters make up 31.5% of the Aloha (zip 97007) population
- 1.1% of houses and apartments in Aloha (zip 97007), 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.