Zip 97131 (Nehalem, OR) Housing

The housing market in 97131 Nehalem, OR is quite robust with a median home value of $523,000. This is significantly higher than the US median of $338,100 and indicates that the area is sought-after by potential buyers. Moreover, the 1 year house appreciation rate in Nehalem is 7.02%, which is slightly lower than the national average of 8.27%. This suggests that the local market is relatively stable and reliable for investors and homeowners alike.

The median home cost in Nehalem (zip 97131) is $523,000. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Nehalem (zip 97131) is up 13.1%.

Average Age of Homes

- The median age of Nehalem (zip 97131) real estate is 31 years old

The Rental Market in Nehalem (zip 97131)

- Renters make up 12.8% of the Nehalem (zip 97131) population
- 3.0% of houses and apartments in Nehalem (zip 97131), 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	Nehalem, Oregon	United States
	1,952.0	139,647,020.0
	37	42
	$523,000	$338,100
	13.1%	16.6%
	59.3%	57.0%
	142.7%	101.1%
	$6.44	$10.98
	$2,170	$2,690
	52.4%	57.4%
	36.1%	11.2%
	11.5%	31.4%
Vacant Housing
	3.0%	1.9%
	1.7%	0.4%
	0.0%	0.7%
	2.2%	0.4%
	26.8%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	14.8%	2.4%
	1.8%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	3.0%	11.3%
	7.7%	13.0%
	13.4%	20.1%
	21.2%	13.6%
	15.5%	8.3%
	10.4%	9.7%
	2.2%	3.9%
	6.5%	2.2%
	2.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	21.9%	13.6%
	21.9%	13.6%
	12.8%	13.6%
	17.4%	13.2%
	22.0%	14.8%
	12.8%	13.6%
	4.3%	10.0%
	4.0%	4.7%
	9.4%	12.2%

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