The housing market in 97830 Fossil, OR is a great choice for those looking to invest. The median value for housing in the area is $186,800, which is far lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate for houses in Fossil is 12.74%, which is higher than the national rate of 8.27%. This shows that investing in a home in Fossil could be very profitable and could bring you a good return on your investment.
The median home cost in Fossil (zip 97830) is $186,800. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Fossil (zip 97830) is up 15.2%.
Average Age of Homes
- The median age of Fossil (zip 97830) real estate is 64 years old
The Rental Market in Fossil (zip 97830)
- Renters make up 25.8% of the Fossil (zip 97830) population
- 2.2% of houses and apartments in Fossil (zip 97830), 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.