The housing market in Rufus, OR (zip code 97050) is significantly cheaper than the US median, with a median value of $170,200 compared to the US median of $338,100. Although the appreciation rate of 6.12% is lower than the national average appreciation rate of 8.27%, it still represents a modest increase in home values over the past year. With relatively low prices and still increasing values, this area could represent an excellent opportunity for potential buyers looking to invest in the housing market.
The median home cost in Rufus (zip 97050) is $170,200. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Rufus (zip 97050) is up 12.2%.
Average Age of Homes
- The median age of Rufus (zip 97050) real estate is 39 years old
The Rental Market in Rufus (zip 97050)
- Renters make up 34.4% of the Rufus (zip 97050) population
- 1.5% of houses and apartments in Rufus (zip 97050), 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.