Oregon, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Oregon Neighborhoods Since 2000




Oregon, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Oregon Housing Market Information

With a population of 20,102, 8,264 total housing units (homes and apartments), and a median house value of $128,254, house prices in Oregon are solidly below the national average.

Single-family detached homes are the single most common housing type in Oregon, accounting for 74.85% of the city's housing units. Other types of housing that are prevalent in Oregon include large apartment complexes or high rise apartments ( 16.87%), duplexes, homes converted to apartments or other small apartment buildings ( 4.24%), and a few row houses and other attached homes ( 2.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oregon. Owner-occupied housing accounts for 67.80% of Oregon's homes, and 62.08% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Oregon built from 1970 to 1999 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 Oregon built between 1940-1969 ( 36.48%). A lesser amount of the housing stock also hails from before 1939 ( 12.98%). There's also some housing in Oregon built between 2000 and later ( 10.99%).

Oregon Home Appreciation Rates

Oregon's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Oregon during the period has been just -1.35%, which is lower than 80% of US communities.

Over the last year, Oregon appreciation rates have trailed the rest of the nation. In the last twelve months, Oregon's appreciation rate has been 0.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Oregon were at 0.12%, which equates to an annual appreciation rate of 0.47%.

Relative to Ohio, our data show that Oregon's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Oregon differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oregon - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oregon real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$128,254

Oregon, OH HOME PRICES

Value Range
> $1,075,000 0.4
$806,001 - $1,075,000 0.0
$538,001 - $806,000 0.8
$430,001 - $538,000 0.6
$323,001 - $430,000 3.7
$215,001 - $323,000 12.3
$108,001 - $215,000 52.9
$54,001 - $108,000 23.8
$0 - $54,000 5.6

Average for OH
Low for Nation

Value Relative to Nation Value Relative to State
60.799249970702 55.7742782152231

Number Of Homes And Apartments:
8,264

Oregon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
-3.91% -0.23% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$844 / per month

Homeownership Rate

Homeownership
Owners 67.80
Renters 32.20
Vacant 5.76

Housing Market Details

 

Age of Homes

AGE OF Oregon HOMES
2000 or Newer 11.0
1970 - 1999 39.5
1940 - 1969 36.5
1939 or Older 13.0

Types of Homes

TYPE OF Oregon HOMES
Single-Family 74.9
Townhomes 2.8
Small Apt. Buildings 4.2
Apt. Complexes 16.9
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Oregon HOMES
No Bedroom 0.13
1 Bedroom 11.50
2 Bedrooms 24.18
3 Bedrooms 49.45
4 Bedrooms 12.64
5 or more bedrooms 2.12