Zip 97344 (Falls City, OR) Housing

The housing market in 97344 Falls City, OR is booming. According to the recent data, the median value of houses in this area is $309,200, which is slightly lower than the US median house value of $338,100. However, house appreciation in this area has been increasing at a rate of 9.26% year-over-year which is higher than the US average of 8.27%. This indicates strong market conditions and an overall positive outlook for home buyers or sellers in this area.

The median home cost in Falls City (zip 97344) is $309,200. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Falls City (zip 97344) is up 14.2%.

Average Age of Homes

- The median age of Falls City (zip 97344) real estate is 45 years old

The Rental Market in Falls City (zip 97344)

- Renters make up 15.4% of the Falls City (zip 97344) population
- 1.9% of houses and apartments in Falls City (zip 97344), 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	Falls City, Oregon	United States
	668.0	139,647,020.0
	45	42
	$309,200	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$9.51	$10.98
	$1,361	$2,690
	72.2%	57.4%
	2.2%	11.2%
	25.6%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	3.7%	2.4%
	1.9%	2.8%
	2.5%	3.9%
	8.1%	4.5%
	17.6%	11.3%
	10.4%	13.0%
	20.3%	20.1%
	11.8%	13.6%
	14.9%	8.3%
	3.3%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	15.9%	13.6%
	8.2%	13.2%
	20.4%	14.8%
	15.9%	13.6%
	2.4%	10.0%
	5.8%	4.7%
	19.0%	12.2%

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