Zip 97532 (Merlin, OR) Housing

Housing in 97532 Merlin, OR has a median value of $449,700, which is significantly higher than the US median housing value of $338,100. In the last year, the US has seen an appreciation rate of 8.27% while houses in 97532 Merlin, OR have appreciated by 3.82%. Thus, investing in housing in this area could be a wise decision for those looking to benefit from a more moderate appreciation rate than that experienced across the country.

The median home cost in Merlin (zip 97532) is $449,700. Home appreciation the last 10 years has been 129.8%. Home Appreciation in Merlin (zip 97532) is up 8.5%.

Average Age of Homes

- The median age of Merlin (zip 97532) real estate is 31 years old

The Rental Market in Merlin (zip 97532)

- Renters make up 23.4% of the Merlin (zip 97532) population
- 0.0% of houses and apartments in Merlin (zip 97532), 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	Merlin, Oregon	United States
	1,067.0	139,647,020.0
	38	42
	$449,700	$338,100
	8.5%	16.6%
	52.9%	57.0%
	129.8%	101.1%
	$5.11	$10.98
	$1,639	$2,690
	80.4%	57.4%
	8.1%	11.2%
	11.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.4%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	0.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.2%	11.3%
	8.6%	13.0%
	27.2%	20.1%
	44.8%	13.6%
	5.6%	8.3%
	6.1%	9.7%
	2.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	21.6%	13.6%
	27.7%	13.2%
	23.7%	14.8%
	21.6%	13.6%
	6.2%	10.0%
	3.7%	4.7%
	4.3%	12.2%

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