Zip 97862 (Milton-Freewater, OR) Housing

The median housing value in Milton-Freewater, Oregon is $265,600, with an appreciation rate of 12.74% over the past year. This is significantly lower than the US median housing value of $338,100 and its associated 8.27% appreciation rate. Consequently, those looking for an affordable option in housing may find Milton-Freewater to be a great location to purchase property. Additionally, the high appreciation rate indicates that this area has potential for long term growth in the housing market.

The median home cost in Milton-Freewater (zip 97862) is $265,600. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Milton-Freewater (zip 97862) is up 15.2%.

Average Age of Homes

- The median age of Milton-Freewater (zip 97862) real estate is 50 years old

The Rental Market in Milton-Freewater (zip 97862)

- Renters make up 36.1% of the Milton-Freewater (zip 97862) population
- 2.4% of houses and apartments in Milton-Freewater (zip 97862), 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	Milton-Freewater, Oregon	United States
	5,026.0	139,647,020.0
	46	42
	$265,600	$338,100
	15.2%	16.6%
	70.1%	57.0%
	105.4%	101.1%
	$9.22	$10.98
	$1,586	$2,690
	56.9%	57.4%
	13.3%	11.2%
	29.9%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.1%	0.4%
	2.3%	3.6%
	8.4%	4.1%
Value of Owner-Occupied Housing
	7.5%	2.6%
	2.5%	2.4%
	4.4%	2.8%
	2.4%	3.9%
	8.1%	4.5%
	14.3%	11.3%
	13.6%	13.0%
	17.6%	20.1%
	12.5%	13.6%
	7.4%	8.3%
	5.6%	9.7%
	2.0%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	17.6%	13.6%
	14.6%	13.2%
	18.9%	14.8%
	17.6%	13.6%
	14.5%	10.0%
	7.5%	4.7%
	11.7%	12.2%

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