The housing market in 97454 Marcola, OR is quite strong, with the median value of homes being $488,500. This value is significantly higher than the current US House Median Value of $338,100. Moreover, over the last year there has been an 8.24% appreciation rate in Marcola's housing market. This mirrors the national average of a 8.27% appreciation rate for houses across the country, indicating that Marcola is keeping up with the strong national trend for home values and appreciation rates.
The median home cost in Marcola (zip 97454) is $488,500. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Marcola (zip 97454) is up 13.1%.
Average Age of Homes
- The median age of Marcola (zip 97454) real estate is 34 years old
The Rental Market in Marcola (zip 97454)
- Renters make up 15.6% of the Marcola (zip 97454) population
- 0.0% of houses and apartments in Marcola (zip 97454), 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.