Zip 97874 (Spray, OR) Housing

The housing market in Spray, OR (zip code 97874) is thriving. The median value of homes in the area is $336,800 which is slightly lower than the national median value of $338,100. However, the one-year appreciation rate of homes in Spray far outpaces the rest of the nation at 12.74%, dwarfing the US average increase of 8.27%. This data indicates that the housing market in Spray is healthy and that it may be a wise investment for those interested in buying a home.

The median home cost in Spray (zip 97874) is $336,800. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Spray (zip 97874) is up 15.2%.

Average Age of Homes

- The median age of Spray (zip 97874) real estate is 40 years old

The Rental Market in Spray (zip 97874)

- Renters make up 10.4% of the Spray (zip 97874) population
- 2.4% of houses and apartments in Spray (zip 97874), 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	Spray, Oregon	United States
	247.0	139,647,020.0
	47	42
	$336,800	$338,100
	15.2%	16.6%
	70.1%	57.0%
	105.4%	101.1%
	$9.19	$10.98
	$2,147	$2,690
	42.9%	57.4%
	35.6%	11.2%
	21.5%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	18.6%	3.6%
	14.6%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	0.0%	2.4%
	6.6%	2.8%
	0.9%	3.9%
	4.7%	4.5%
	0.9%	11.3%
	11.3%	13.0%
	33.0%	20.1%
	9.4%	13.6%
	5.7%	8.3%
	21.7%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.3%	13.6%
	5.3%	13.6%
	23.5%	13.6%
	4.9%	13.2%
	17.8%	14.8%
	23.5%	13.6%
	6.9%	10.0%
	8.9%	4.7%
	21.9%	12.2%

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