Zip 97850 (La Grande, OR) Housing

The housing market in La Grande, OR (97850) has been particularly strong in recent years. The median value of a home in this area is $268,500, which is significantly lower than the US median of $338,100. However, the 1-year house appreciation rate for 97850 was 12.74%, significantly higher than the US rate of 8.27%. This means that homes in La Grande have increased in value over the past year at a faster rate than most other places around the nation.

The median home cost in La Grande (zip 97850) is $268,500. Home appreciation the last 10 years has been 105.4%. Home Appreciation in La Grande (zip 97850) is up 15.2%.

Average Age of Homes

- The median age of La Grande (zip 97850) real estate is 46 years old

The Rental Market in La Grande (zip 97850)

- Renters make up 38.2% of the La Grande (zip 97850) population
- 1.7% of houses and apartments in La Grande (zip 97850), 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	La Grande, Oregon	United States
	7,466.0	139,647,020.0
	49	42
	$268,500	$338,100
	15.2%	16.6%
	70.1%	57.0%
	105.4%	101.1%
	$11.05	$10.98
	$2,279	$2,690
	55.3%	57.4%
	8.4%	11.2%
	36.2%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	2.1%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	7.1%	2.6%
	2.7%	2.4%
	2.8%	2.8%
	1.3%	3.9%
	2.7%	4.5%
	11.4%	11.3%
	20.5%	13.0%
	25.6%	20.1%
	14.6%	13.6%
	7.6%	8.3%
	3.3%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	12.6%	13.6%
	12.0%	13.2%
	17.2%	14.8%
	12.6%	13.6%
	6.6%	10.0%
	5.0%	4.7%
	26.6%	12.2%

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