Zip 97346 (Gates, OR) Housing

The housing market in Gates, OR (97346) is doing well. The median value of homes in the area is $392,300, significantly higher than the US house median value of $338,100. In addition, the 1 year house appreciation rate in 97346 Gates, OR is 9.26%, higher than the US average of 8.27%. This indicates that homeowners in this area are likely to see a good return on their investments in the coming year.

The median home cost in Gates (zip 97346) is $392,300. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Gates (zip 97346) is up 14.2%.

Average Age of Homes

- The median age of Gates (zip 97346) real estate is 39 years old

The Rental Market in Gates (zip 97346)

- Renters make up 19.6% of the Gates (zip 97346) population
- 1.5% of houses and apartments in Gates (zip 97346), 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	Gates, Oregon	United States
	391.0	139,647,020.0
	46	42
	$392,300	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$10.06	$10.98
	$1,709	$2,690
	74.2%	57.4%
	13.6%	11.2%
	12.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.3%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	2.8%	2.8%
	0.7%	3.9%
	1.0%	4.5%
	15.5%	11.3%
	13.1%	13.0%
	28.3%	20.1%
	26.2%	13.6%
	2.8%	8.3%
	5.2%	9.7%
	0.0%	3.9%
	3.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	9.7%	13.6%
	9.0%	13.2%
	43.0%	14.8%
	9.7%	13.6%
	3.3%	10.0%
	7.9%	4.7%
	15.3%	12.2%

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