The housing market in 97018 Columbia City, OR is relatively strong compared to the US median value of $338,100. The median value of housing in 97018 Columbia City, OR is $438,100 - significantly higher than the US median. Moreover, the 1 year appreciation rate for housing in 97018 Columbia City, OR is 6.12%, which is lower than the national appreciation rate of 8.27%. Thus, while there may still be opportunities for growth and return on investment in 97018 Columbia City, OR real estate market, it appears to be slightly lagging behind other areas in terms of appreciation.
The median home cost in Columbia City (zip 97018) is $438,100. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Columbia City (zip 97018) is up 12.2%.
Average Age of Homes
- The median age of Columbia City (zip 97018) real estate is 26 years old
The Rental Market in Columbia City (zip 97018)
- Renters make up 17.7% of the Columbia City (zip 97018) population
- 1.6% of houses and apartments in Columbia City (zip 97018), 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.