The housing market in 97463 Oakridge, OR is doing well. The median value of a home in the region is $253,300, which is lower than the national median value at $338,100. In the last year alone, the house appreciation rate in this area was 8.24%, just slightly lower than the US average of 8.27%. This shows that there is a strong demand for housing and that property values are increasing steadily over time. This makes 97463 Oakridge, OR an ideal place to consider if you are looking to buy or invest in real estate.
The median home cost in Oakridge (zip 97463) is $253,300. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Oakridge (zip 97463) is up 13.1%.
Average Age of Homes
- The median age of Oakridge (zip 97463) real estate is 58 years old
The Rental Market in Oakridge (zip 97463)
- Renters make up 16.9% of the Oakridge (zip 97463) population
- 2.6% of houses and apartments in Oakridge (zip 97463), 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.