Zip 97838 (Hermiston, OR) Housing

Housing in 97838 Hermiston, OR has seen an increase in value over the last year. The median value of housing in the area is currently $328,200, which is over $9,000 less than the US median house value of $338,100. Despite that discrepancy, Hermiston has seen a 12.74% appreciation in housing values over the last year, which exceeds the 8.27% appreciation rate across the US as a whole. Therefore, it appears that housing values in Hermiston are on an upward trajectory and those looking to buy or invest would be wise to consider this area for their property needs.

The median home cost in Hermiston (zip 97838) is $328,200. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Hermiston (zip 97838) is up 15.2%.

Average Age of Homes

- The median age of Hermiston (zip 97838) real estate is 37 years old

The Rental Market in Hermiston (zip 97838)

- Renters make up 35.8% of the Hermiston (zip 97838) population
- 0.9% of houses and apartments in Hermiston (zip 97838), 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	Hermiston, Oregon	United States
	9,776.0	139,647,020.0
	35	42
	$328,200	$338,100
	15.2%	16.6%
	70.1%	57.0%
	105.4%	101.1%
	$12.25	$10.98
	$2,724	$2,690
	63.0%	57.4%
	6.2%	11.2%
	30.8%	31.4%
Vacant Housing
	0.9%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	8.9%	2.6%
	1.6%	2.4%
	1.7%	2.8%
	1.5%	3.9%
	3.6%	4.5%
	10.2%	11.3%
	14.2%	13.0%
	33.8%	20.1%
	15.9%	13.6%
	5.8%	8.3%
	2.6%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	20.7%	13.6%
	20.7%	13.6%
	15.0%	13.6%
	11.1%	13.2%
	17.9%	14.8%
	15.0%	13.6%
	8.6%	10.0%
	6.1%	4.7%
	6.0%	12.2%

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