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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 3,152 people, 1,194 houses or apartments, and a median cost of homes of $346,165, real estate costs in Estacada are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Oregon communities.
Single-family detached homes are the single most common housing type in Estacada, accounting for 66.87% of the city's housing units. Other types of housing that are prevalent in Estacada include large apartment complexes or high rise apartments ( 15.79%), duplexes, homes converted to apartments or other small apartment buildings ( 8.94%), and a few mobile homes or trailers ( 8.04%).
The most prevalent building size and type in Estacada are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.24% owning and 42.76% renting.
There is a lot of housing in Estacada 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 Estacada built between 2000 and later ( 29.71%). A lesser amount of the housing stock also hails from before 1939 ( 15.56%). There's also some housing in Estacada built between 1940-1969 ( 14.52%).
Vacant housing appears to be an issue in Estacada. Fully 11.09% of the housing stock is classified as vacant. Left unchecked, vacant Estacada homes and apartments can be a drag on the real estate market, holding Estacada 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.
Appreciation rates for homes in Estacada have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.50%, which ranks in the top 50% nationwide. This equates to an annual average Estacada house appreciation rate of 0.05%.
Appreciation rates are so strong in Estacada that despite a nationwide downturn in the housing market, Estacada real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Estacada appreciation rates continue to be some of the highest in America, at 10.38%, which is higher than appreciation rates in 94.77% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Estacada. Estacada appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.56%.
Importantly, this makes Estacada 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 Estacada's latest annual appreciation rate is higher than 60% of the other cities and towns in Oregon.
|$999,001 - $1,331,000||0.9|
|$666,001 - $999,000||0.9|
|$532,001 - $666,000||15.1|
|$400,001 - $532,000||23.1|
|$266,001 - $400,000||32.8|
|$133,001 - $266,000||24.1|
|$66,001 - $133,000||0.0|
|$0 - $66,000||2.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Estacada HOMES|
|2000 or Newer||29.7|
|1970 - 1999||40.2|
|1940 - 1969||14.5|
|1939 or Older||15.6|
|TYPE OF Estacada HOMES|
|Small Apt. Buildings||8.9|
|SIZE OF Estacada HOMES|
|5 or more bedrooms||2.23|