Central Point, OR located in zip code 97502 has a median housing value of $379,900. This is significantly higher than the US median housing value of $338,100. Despite this significant difference, the 1 year house appreciation rate for Central Point is only 3.82%, which is much lower than the US 1 year house appreciation rate of 8.27%. It appears that the high median housing value in Central Point may be somewhat offset by a lower appreciation rate than the national average.
The median home cost in Central Point (zip 97502) is $379,900. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Central Point (zip 97502) is up 8.5%.
Average Age of Homes
- The median age of Central Point (zip 97502) real estate is 29 years old
The Rental Market in Central Point (zip 97502)
- Renters make up 28.6% of the Central Point (zip 97502) population
- 0.4% of houses and apartments in Central Point (zip 97502), 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.