The housing market in 97882 Umatilla, OR is an attractive area for those looking to invest in property. The median value of housing in this area is $268,700, which is significantly lower than the national median of $338,100. This gives buyers more bang for their buck and greater purchasing power. Furthermore, homes in this area have experienced a 12.74% appreciation over the last year; significantly higher than the 8.27% seen nationally. This means that buyers can anticipate a return on their investment within a short amount of time.
The median home cost in Umatilla (zip 97882) is $268,700. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Umatilla (zip 97882) is up 15.2%.
Average Age of Homes
- The median age of Umatilla (zip 97882) real estate is 44 years old
The Rental Market in Umatilla (zip 97882)
- Renters make up 42.0% of the Umatilla (zip 97882) population
- 0.0% of houses and apartments in Umatilla (zip 97882), 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.