Ashland OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Ashland, OR 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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Ashland Housing Market Information

With 21,263 people, 9,816 houses or apartments, and a median cost of homes of $467,264, Ashland house prices are not only among the most expensive in Oregon, Ashland 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 Ashland, accounting for 63.09% of the city's housing units. Other types of housing that are prevalent in Ashland include large apartment complexes or high rise apartments ( 13.96%), duplexes, homes converted to apartments or other small apartment buildings ( 11.18%), and a few row houses and other attached homes ( 8.74%).

The most prevalent building size and type in Ashland are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.95% owning and 48.05% renting.

There is a lot of housing in Ashland 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 Ashland built between 1940-1969 ( 21.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.20%). There's also some housing in Ashland built before 1939 ( 15.64%).

Ashland Home Appreciation Rates

Appreciation rates for homes in Ashland have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 45.36%, which ranks in the top 30% nationwide. This equates to an annual average Ashland house appreciation rate of 3.81%.

Over the last year, Ashland appreciation rates have trailed the rest of the nation. In the last twelve months, Ashland's appreciation rate has been 3.35%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ashland were at 1.54%, which equates to an annual appreciation rate of 6.28%.

Importantly, this makes Ashland one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oregon, our data show that Ashland's latest annual appreciation rate is lower than 80% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Ashland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ashland - 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 Ashland real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$467,264

Ashland, OR HOME PRICES

Value Range
> $1,197,000 4.0
$898,001 - $1,197,000 5.3
$598,001 - $898,000 23.4
$479,001 - $598,000 23.3
$359,001 - $479,000 21.4
$239,001 - $359,000 13.0
$120,001 - $239,000 5.0
$60,001 - $120,000 1.2
$0 - $60,000 3.5

Very High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
9.01021897810219 8.69565217391304

Number Of Homes And Apartments:
9,816

Ashland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
102.75% 3.51%
4
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,336 / per month

Homeownership Rate

Homeownership
Owners 51.95
Renters 48.05
Vacant 8.30

Housing Market Details

 

Age of Homes

AGE OF Ashland HOMES
2000 or Newer 16.2
1970 - 1999 47.0
1940 - 1969 21.1
1939 or Older 15.6

Types of Homes

TYPE OF Ashland HOMES
Single-Family 63.1
Townhomes 8.7
Small Apt. Buildings 11.2
Apt. Complexes 14.0
Mobile Homes 2.1
Other 0.9

Home Size

SIZE OF Ashland HOMES
No Bedroom 5.04
1 Bedroom 14.12
2 Bedrooms 28.48
3 Bedrooms 37.44
4 Bedrooms 12.81
5 or more bedrooms 2.11