The housing market in Garibaldi, OR (97118) is doing well. The median house value is $346,500 which is slightly higher than the US median of $338,100. Compared to the US average appreciation rate of 8.27%, the 1 year appreciation rate in Garibaldi was 7.02%. This indicates that housing values in Garibaldi are keeping up with the national trend and may even be making slight improvements. All of this suggests that people looking to purchase a home in 97118 should find an affordable and stable option due to the current market conditions.
The median home cost in Garibaldi (zip 97118) is $346,500. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Garibaldi (zip 97118) is up 13.1%.
Average Age of Homes
- The median age of Garibaldi (zip 97118) real estate is 53 years old
The Rental Market in Garibaldi (zip 97118)
- Renters make up 20.4% of the Garibaldi (zip 97118) population
- 0.5% of houses and apartments in Garibaldi (zip 97118), 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.