The housing market in 97458 Myrtle Point, OR is very similar to the national housing market. The median value for homes in the area is $283,000 and the United States median home value is $338,100. Both markets experienced a positive one year appreciation with the US appreciating 8.27% and house 1 year appreciation in 97458 Myrtle Point being 8.24%. This indicates that housing values are increasing at a steady rate in both markets and could be a sign of further growth ahead.
The median home cost in Myrtle Point (zip 97458) is $283,000. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Myrtle Point (zip 97458) is up 13.1%.
Average Age of Homes
- The median age of Myrtle Point (zip 97458) real estate is 46 years old
The Rental Market in Myrtle Point (zip 97458)
- Renters make up 24.7% of the Myrtle Point (zip 97458) population
- 0.8% of houses and apartments in Myrtle Point (zip 97458), 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.