Zip 97370 (Philomath, OR) Housing

The housing market in 97370 Philomath, OR is significantly higher than the national median value of $338,100. According to data from the area, the median value of a house in 97370 Philomath, OR is $489,100. The one-year house appreciation in this area was also higher than the national average at 9.26%, compared to 8.27% nationwide. These figures suggest that real estate investment is a viable option for those looking for an appreciating asset in this area.

The median home cost in Philomath (zip 97370) is $489,100. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Philomath (zip 97370) is up 14.2%.

Average Age of Homes

- The median age of Philomath (zip 97370) real estate is 40 years old

The Rental Market in Philomath (zip 97370)

- Renters make up 21.4% of the Philomath (zip 97370) population
- 1.9% of houses and apartments in Philomath (zip 97370), 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	Philomath, Oregon	United States
	3,801.0	139,647,020.0
	41	42
	$489,100	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$10.33	$10.98
	$3,419	$2,690
	71.0%	57.4%
	5.7%	11.2%
	23.4%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.2%	2.4%
	0.3%	2.8%
	2.3%	3.9%
	0.0%	4.5%
	0.6%	11.3%
	5.2%	13.0%
	33.0%	20.1%
	22.0%	13.6%
	15.1%	8.3%
	13.6%	9.7%
	3.4%	3.9%
	2.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.2%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	22.1%	13.6%
	7.5%	13.2%
	27.6%	14.8%
	22.1%	13.6%
	3.1%	10.0%
	4.9%	4.7%
	8.5%	12.2%

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