Zip 97451 (Lorane, OR) Housing

The housing market in 97451 Lorane, OR is slightly lower than the US median value, with a median housing value of $491,700 as compared to the US median value of $338,100. Despite this difference, housing values in the area have appreciated at the same rate as the US, with an 8.24% appreciation in one year compared to the 8.27% appreciation nationwide. This is indicative of a strong and healthy real estate market in 97451 Lorane, OR.

The median home cost in Lorane (zip 97451) is $491,700. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Lorane (zip 97451) is up 13.1%.

Average Age of Homes

- The median age of Lorane (zip 97451) real estate is 39 years old

The Rental Market in Lorane (zip 97451)

- Renters make up 27.0% of the Lorane (zip 97451) population
- 0.0% of houses and apartments in Lorane (zip 97451), 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	Lorane, Oregon	United States
	165.0	139,647,020.0
	30	42
	$491,700	$338,100
	13.1%	16.6%
	67.4%	57.0%
	126.6%	101.1%
	$9.70	$10.98
	$2,087	$2,690
	89.7%	57.4%
	10.3%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	20.3%	11.3%
	3.4%	13.0%
	35.1%	20.1%
	9.5%	13.6%
	12.8%	8.3%
	18.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.3%	13.6%
	13.3%	13.6%
	38.2%	13.6%
	3.6%	13.2%
	10.3%	14.8%
	38.2%	13.6%
	0.0%	10.0%
	3.0%	4.7%
	4.8%	12.2%

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