Ashland, OR Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ashland, OR Housing Market Trends

With 21,281 people, 9,879 houses or apartments, and a median cost of homes of $460,467, 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 62.96% of the city's housing units. Other types of housing that are prevalent in Ashland include large apartment complexes or high rise apartments ( 13.11%), duplexes, homes converted to apartments or other small apartment buildings ( 12.46%), and a few row houses and other attached homes ( 8.81%).

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 52.36% owning and 47.64% 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 ( 21.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.51%). There's also some housing in Ashland built before 1939 ( 15.67%).

Vacant housing appears to be an issue in Ashland. Fully 10.85% of the housing stock is classified as vacant. Left unchecked, vacant Ashland homes and apartments can be a drag on the real estate market, holding Ashland real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

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 51.77%, which ranks in the top 30% nationwide. This equates to an annual average Ashland house appreciation rate of 4.26%.

NeighborhoodScout's data show that during the latest twelve months, Ashland's appreciation rate, at 5.14%, has been at or slightly above the national average. In the latest quarter, Ashland's appreciation rate has been 0.86%, which annualizes to a rate of 3.47%.

Notably, Ashland's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Oregon, our data show that Ashland's latest annual appreciation rate is lower than 90% 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

 
info

Median Home Value:
$460,467

Ashland, OR HOME PRICES

> $1,158,000
3.8%
3.8%
$868,001 - $1,158,000
5.6%
5.6%
$579,001 - $868,000
26.9%
26.9%
$463,001 - $579,000
22.5%
22.5%
$347,001 - $463,000
23.4%
23.4%
$232,001 - $347,000
9.1%
9.1%
$116,001 - $232,000
5.6%
5.6%
$58,001 - $116,000
1.5%
1.5%
$0 - $58,000
1.6%
1.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for OR

Value Relative To Nation

Number Of Homes And Apartments:
9,879

Ashland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
105.50% 3.49%
3
8
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,405 / per month

Homeownership Rate

Owners
52.4%
52.4%
Renters
47.6%
47.6%
Vacant
10.8%
10.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
16.5%
16.5%
1970 - 1999
45.9%
45.9%
1940 - 1969
21.9%
21.9%
1939 or Older
15.7%
15.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
63.0%
63.0%
Townhomes
8.8%
8.8%
Small Apt. Buildings
12.5%
12.5%
Apt. Complexes
13.1%
13.1%
Mobile Homes
1.7%
1.7%
Other
0.9%
0.9%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
5.8%
5.8%
1 Bedroom
13.1%
13.1%
2 Bedrooms
27.7%
27.7%
3 Bedrooms
38.9%
38.9%
4 Bedrooms
11.9%
11.9%
5 or more bedrooms
2.5%
2.5%
0.0% 100.0%
% OF HOMES