Zip 97640 (Summer Lake, OR) Housing

In 97640 Summer Lake, OR the median value of housing is $315,900 which is lower than the US median value of $338,100. However, the 1 year appreciation rate in this area is higher than the national average, at 9.53% compared to 8.27%. This could indicate that housing prices in Summer Lake are likely to increase further in the coming years.

The median home cost in Summer Lake (zip 97640) is $315,900. Home appreciation the last 10 years has been 126.0%. Home Appreciation in Summer Lake (zip 97640) is up 16.0%.

Average Age of Homes

- The median age of Summer Lake (zip 97640) real estate is 22 years old

The Rental Market in Summer Lake (zip 97640)

- Renters make up 23.6% of the Summer Lake (zip 97640) population
- 0.0% of houses and apartments in Summer Lake (zip 97640), 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	Summer Lake, Oregon	United States
	118.0	139,647,020.0
	19	42
	$315,900	$338,100
	16.0%	16.6%
	71.9%	57.0%
	126.0%	101.1%
	$8.70	$10.98
	$1,400	$2,690
	22.0%	57.4%
	54.2%	11.2%
	23.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	6.8%	0.4%
	36.4%	3.6%
	11.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	7.7%	2.8%
	0.0%	3.9%
	23.1%	4.5%
	0.0%	11.3%
	3.8%	13.0%
	46.2%	20.1%
	11.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	7.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.8%	13.6%
	28.8%	13.6%
	17.8%	13.6%
	3.4%	13.2%
	1.7%	14.8%
	17.8%	13.6%
	2.5%	10.0%
	0.0%	4.7%
	8.5%	12.2%

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