Zip 97870 (Richland, OR) Housing

Richland, OR has a median housing value of $324,900, which is lower than the national median housing value of $338,100. However, the 1 year house appreciation rate in Richland is 12.74%, which is higher than the national 1 year house appreciation rate of 8.27%. This suggests that despite being slightly lower than the national median, Richland’s housing market is still performing well and providing potential for growth over time. With its increasing appreciation rate, Richland may be an attractive option for those looking to invest in real estate.

The median home cost in Richland (zip 97870) is $324,900. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Richland (zip 97870) is up 15.2%.

Average Age of Homes

- The median age of Richland (zip 97870) real estate is 58 years old

The Rental Market in Richland (zip 97870)

- Renters make up 24.8% of the Richland (zip 97870) population
- 0.0% of houses and apartments in Richland (zip 97870), 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	Richland, Oregon	United States
	380.0	139,647,020.0
	50	42
	$324,900	$338,100
	15.2%	16.6%
	70.1%	57.0%
	105.4%	101.1%
	$9.72	$10.98
	$1,263	$2,690
	56.1%	57.4%
	22.6%	11.2%
	21.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	17.1%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	2.3%	4.5%
	16.9%	11.3%
	24.9%	13.0%
	18.8%	20.1%
	12.7%	13.6%
	2.8%	8.3%
	2.8%	9.7%
	12.2%	3.9%
	0.0%	2.2%
	2.8%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	3.9%	13.6%
	12.4%	13.2%
	25.0%	14.8%
	3.9%	13.6%
	12.1%	10.0%
	7.9%	4.7%
	21.8%	12.2%

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