Zip 97115 (Dundee, OR) Housing

The housing market in 97115 Dundee, OR is a beneficial location for prospective homebuyers. The median value of housing in the area is $524,700, which is significantly higher than the US house median value of $338,100. Despite being slightly higher than the US median, the 1 year appreciation rate for houses in 97115 Dundee, OR still stands at 7.02%, which is only slightly lower than the national average of 8.27%. This makes investing in real estate in the area a wise decision for those looking to make money off their purchase and build equity over time.

The median home cost in Dundee (zip 97115) is $524,700. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Dundee (zip 97115) is up 13.1%.

Average Age of Homes

- The median age of Dundee (zip 97115) real estate is 28 years old

The Rental Market in Dundee (zip 97115)

- Renters make up 17.9% of the Dundee (zip 97115) population
- 1.8% of houses and apartments in Dundee (zip 97115), 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	Dundee, Oregon	United States
	1,371.0	139,647,020.0
	31	42
	$524,700	$338,100
	13.1%	16.6%
	59.3%	57.0%
	142.7%	101.1%
	$8.89	$10.98
	$3,541	$2,690
	81.5%	57.4%
	3.4%	11.2%
	15.1%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.5%	2.4%
	0.7%	2.8%
	0.8%	3.9%
	0.6%	4.5%
	1.1%	11.3%
	7.2%	13.0%
	12.0%	20.1%
	27.0%	13.6%
	27.7%	8.3%
	15.8%	9.7%
	4.8%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	20.6%	13.6%
	20.6%	13.6%
	27.1%	13.6%
	14.2%	13.2%
	19.2%	14.8%
	27.1%	13.6%
	3.4%	10.0%
	1.8%	4.7%
	5.9%	12.2%

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