West Linn appreciation rates and housing market information

West Linn housing market information

With 22,290 people, 8,745 houses or apartments, and a median cost of homes of $496,749, West Linn house prices are not only among the most expensive in Oregon, West Linn real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in West Linn, accounting for 77.52% of the city's housing units. Other types of housing that are prevalent in West Linn include large apartment complexes or high rise apartments (13.68%), duplexes, homes converted to apartments, or other small apartment buildings (4.36%), row houses and other attached homes (3.67%), and a few mobile homes or trailers (0.78%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in West Linn. Owner-occupied housing accounts for 73.57% of West Linn's homes, and 67.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in West Linn built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in West Linn built from 1995 and later (19.57%). A lesser amount of the housing stock also hails from 1940-1969 (18.02%), and some were built from 1939 and earlier (18.02%).

West Linn home appreciation rates

In the last 10 years, West Linn has experienced some of the highest home appreciation rates of any community in the nation. West Linn real estate appreciated 112.13% over the last ten years, which is an average annual home appreciation rate of 11.21%, putting West Linn in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, West Linn definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, West Linn appreciation rates have trailed the rest of the nation. In the last twelve months, West Linn's appreciation rate has been -2.43%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Linn were at -0.19%, which equates to an annual appreciation rate of -0.76%.

Relative to Oregon, our data show that West Linn's latest annual appreciation rate is higher than 53% of the other cities and towns in Oregon.