Zip 97424 (Cottage Grove, OR) Housing

The housing market in 97424 Cottage Grove, OR is highly competitive and desirable. The median value of homes in the area is $362,900 which is above the US median value of $338,100. Home appreciation rates have been strong in this area over the past year with an 8.24% increase compared to a national average of 8.27%. This high rate of appreciation indicates that Cottage Grove continues to be an attractive place for new homebuyers looking for stable investments.

The median home cost in Cottage Grove (zip 97424) is $362,900. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Cottage Grove (zip 97424) is up 13.1%.

Average Age of Homes

- The median age of Cottage Grove (zip 97424) real estate is 44 years old

The Rental Market in Cottage Grove (zip 97424)

- Renters make up 33.9% of the Cottage Grove (zip 97424) population
- 0.8% of houses and apartments in Cottage Grove (zip 97424), 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	Cottage Grove, Oregon	United States
	7,936.0	139,647,020.0
	47	42
	$362,900	$338,100
	13.1%	16.6%
	67.4%	57.0%
	126.6%	101.1%
	$9.76	$10.98
	$2,510	$2,690
	62.3%	57.4%
	6.8%	11.2%
	30.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	3.2%	2.4%
	0.8%	2.8%
	0.6%	3.9%
	2.3%	4.5%
	4.9%	11.3%
	10.3%	13.0%
	38.9%	20.1%
	17.6%	13.6%
	8.0%	8.3%
	7.8%	9.7%
	1.7%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	12.3%	13.6%
	10.5%	13.2%
	16.6%	14.8%
	12.3%	13.6%
	9.0%	10.0%
	8.9%	4.7%
	14.9%	12.2%

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