Zip 97342 (Detroit, OR) Housing

Housing in 97342 Detroit, OR is a more affordable option than the US median value of $338,100 with a median value of $326,500. Despite this affordability, property values in 97342 Detroit, OR still tend to appreciate faster than the national average due to an annual appreciation rate of 9.26%. This means that housing values continue to increase year over year making it a great option for those looking to invest in property and build equity.

The median home cost in Detroit (zip 97342) is $326,500. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Detroit (zip 97342) is up 14.2%.

Average Age of Homes

- The median age of Detroit (zip 97342) real estate is 45 years old

The Rental Market in Detroit (zip 97342)

- Renters make up 10.9% of the Detroit (zip 97342) population
- 1.0% of houses and apartments in Detroit (zip 97342), 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	Detroit, Oregon	United States
	487.0	139,647,020.0
	42	42
	$326,500	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$10.06	$10.98
	$1,250	$2,690
	8.8%	57.4%
	90.3%	11.2%
	0.8%	31.4%
Vacant Housing
	1.0%	1.9%
	0.4%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	85.2%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	9.3%	2.8%
	4.7%	3.9%
	0.0%	4.5%
	9.3%	11.3%
	25.6%	13.0%
	18.6%	20.1%
	4.7%	13.6%
	14.0%	8.3%
	9.3%	9.7%
	0.0%	3.9%
	4.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	14.6%	13.6%
	14.6%	13.6%
	14.0%	13.6%
	16.6%	13.2%
	12.5%	14.8%
	14.0%	13.6%
	9.2%	10.0%
	4.1%	4.7%
	9.4%	12.2%

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