The housing market in 97381 Silverton, OR is thriving, with a median value of $495,700. This is significantly higher than the US median house value of $338,100. The appreciation rate for the past year has been 8.27% nationally and 9.26% in Silverton. This demonstrates that the area has been increasingly attractive to potential buyers over the last year and could be a great investment option for prospective homeowners.
The median home cost in Silverton (zip 97381) is $495,700. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Silverton (zip 97381) is up 14.2%.
Average Age of Homes
- The median age of Silverton (zip 97381) real estate is 42 years old
The Rental Market in Silverton (zip 97381)
- Renters make up 26.7% of the Silverton (zip 97381) population
- 0.6% of houses and apartments in Silverton (zip 97381), 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.