Zip 97623 (Bonanza, OR) Housing

The housing market in 97623 Bonanza, OR is experiencing a higher rate of appreciation than the national average. According to the data, the median housing value in Bonanza is $258,100 and has increased by 9.53% over the last year. In comparison, the US median house value is currently at $338,100 and has seen an appreciation of 8.27% over the same period. This indicates that home values in Bonanza are growing faster than other parts of the country and suggests a strong real estate market in this area.

The median home cost in Bonanza (zip 97623) is $258,100. Home appreciation the last 10 years has been 126.0%. Home Appreciation in Bonanza (zip 97623) is up 16.0%.

Average Age of Homes

- The median age of Bonanza (zip 97623) real estate is 33 years old

The Rental Market in Bonanza (zip 97623)

- Renters make up 18.6% of the Bonanza (zip 97623) population
- 0.0% of houses and apartments in Bonanza (zip 97623), 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	Bonanza, Oregon	United States
	1,275.0	139,647,020.0
	34	42
	$258,100	$338,100
	16.0%	16.6%
	71.9%	57.0%
	126.0%	101.1%
	$6.35	$10.98
	$1,312	$2,690
	75.8%	57.4%
	10.4%	11.2%
	13.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	5.1%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	2.1%	2.4%
	3.2%	2.8%
	2.7%	3.9%
	4.9%	4.5%
	9.9%	11.3%
	22.7%	13.0%
	18.0%	20.1%
	9.0%	13.6%
	12.7%	8.3%
	2.7%	9.7%
	7.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.5%	13.6%
	10.5%	13.6%
	24.5%	13.6%
	13.4%	13.2%
	15.2%	14.8%
	24.5%	13.6%
	7.5%	10.0%
	9.6%	4.7%
	4.3%	12.2%

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