The housing market in 97885 Wallowa, OR is doing better than the national average. The median value for a home in this area is $314,100, which is slightly less than the national median of $338,100. However, over the past year homes in 97885 Wallowa have appreciated by 12.74%, while the US average was 8.27%. This means that those who own a home here are seeing higher returns on their investment and may be more likely to stay put or even invest further in local real estate.
The median home cost in Wallowa (zip 97885) is $314,100. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Wallowa (zip 97885) is up 15.2%.
Average Age of Homes
- The median age of Wallowa (zip 97885) real estate is 61 years old
The Rental Market in Wallowa (zip 97885)
- Renters make up 25.8% of the Wallowa (zip 97885) population
- 1.1% of houses and apartments in Wallowa (zip 97885), 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.