Zip 97351 (Independence, OR) Housing

Housing in 97351 Independence, OR is more expensive compared to the US median value of $338,100. The median housing value in 97351 Independence, OR is $376,900 and has appreciated faster than the US average with a 1 year appreciation rate of 9.26% as opposed to 8.27%. This indicates that housing in this area is growing in value more quickly than other areas of the country and could be an attractive location for those looking to invest in real estate.

The median home cost in Independence (zip 97351) is $376,900. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Independence (zip 97351) is up 14.2%.

Average Age of Homes

- The median age of Independence (zip 97351) real estate is 25 years old

The Rental Market in Independence (zip 97351)

- Renters make up 36.0% of the Independence (zip 97351) population
- 1.3% of houses and apartments in Independence (zip 97351), 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	Independence, Oregon	United States
	3,520.0	139,647,020.0
	29	42
	$376,900	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$10.31	$10.98
	$2,745	$2,690
	58.3%	57.4%
	5.2%	11.2%
	36.5%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	7.3%	2.6%
	3.9%	2.4%
	1.3%	2.8%
	0.0%	3.9%
	2.4%	4.5%
	5.2%	11.3%
	12.1%	13.0%
	32.8%	20.1%
	22.7%	13.6%
	5.7%	8.3%
	4.7%	9.7%
	1.4%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	20.5%	13.6%
	20.5%	13.6%
	17.2%	13.6%
	4.1%	13.2%
	20.3%	14.8%
	17.2%	13.6%
	2.3%	10.0%
	2.5%	4.7%
	6.6%	12.2%

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