Gladstone, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Gladstone Neighborhoods Since 2000




Gladstone, 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 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

Gladstone Housing Market Information

With a population of 11,986, 4,662 total housing units (homes and apartments), and a median house value of $339,783, real estate costs in Gladstone 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 Gladstone, accounting for 65.41% of the city's housing units. Other types of housing that are prevalent in Gladstone include large apartment complexes or high rise apartments ( 12.88%), duplexes, homes converted to apartments or other small apartment buildings ( 9.28%), and a few mobile homes or trailers ( 8.43%).

The most prevalent building size and type in Gladstone are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.50% owning and 42.50% renting.

There is a lot of housing in Gladstone 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 Gladstone built between 1940-1969 ( 27.52%). A lesser amount of the housing stock also hails from before 1939 ( 8.79%). There's also some housing in Gladstone built between 2000 and later ( 6.17%).

Gladstone Home Appreciation Rates

Appreciation rates for homes in Gladstone have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.88%, which ranks in the top 30% nationwide. This equates to an annual average Gladstone house appreciation rate of 1.31%.

Appreciation rates are so strong in Gladstone that despite a nationwide downturn in the housing market, Gladstone real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Gladstone appreciation rates continue to be some of the highest in America, at 12.39%, which is higher than appreciation rates in 97.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Gladstone. Gladstone appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.56%.

Importantly, this makes Gladstone 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 Gladstone's latest annual appreciation rate is higher 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 Gladstone differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Gladstone - 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 Gladstone real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$339,783

Gladstone, OR HOME PRICES

Value Range
> $1,420,000 0.0
$1,065,001 - $1,420,000 0.2
$710,001 - $1,065,000 2.2
$568,001 - $710,000 1.7
$426,001 - $568,000 15.8
$284,001 - $426,000 46.9
$142,001 - $284,000 25.8
$71,001 - $142,000 1.5
$0 - $71,000 6.0

High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
12.9848822219618 22.7053140096618

Number Of Homes And Apartments:
4,662

Gladstone Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
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
79.28% 3.44% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,962 / per month

Homeownership Rate

Homeownership
Owners 57.50
Renters 42.50
Vacant 5.74

Housing Market Details

 

Age of Homes

AGE OF Gladstone HOMES
2000 or Newer 6.2
1970 - 1999 57.5
1940 - 1969 27.5
1939 or Older 8.8

Types of Homes

TYPE OF Gladstone HOMES
Single-Family 65.4
Townhomes 3.8
Small Apt. Buildings 9.3
Apt. Complexes 12.9
Mobile Homes 8.4
Other 0.2

Home Size

SIZE OF Gladstone HOMES
No Bedroom 0.83
1 Bedroom 7.76
2 Bedrooms 33.10
3 Bedrooms 38.17
4 Bedrooms 14.78
5 or more bedrooms 5.36