La Grande, 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 Q3 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 about Scout's Real Estate Data

La Grande Housing Market Information

With a population of 13,614, 5,328 total housing units (homes and apartments), and a median house value of $196,198, La Grande real estate values are some of the lowest in Oregon, although compared to real estate around the nation, La Grande homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in La Grande, accounting for 57.07% of the city's housing units. Other types of housing that are prevalent in La Grande include large apartment complexes or high rise apartments ( 18.91%), mobile homes or trailers ( 12.26%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.11%).

People in La Grande primarily live in small (one, two or no bedroom) single-family detached homes. La Grande has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in La Grande 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 La Grande built before 1939 ( 28.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.79%). There's also some housing in La Grande built between 2000 and later ( 9.23%).

Vacant housing appears to be an issue in La Grande. Fully 11.10% of the housing stock is classified as vacant. Left unchecked, vacant La Grande homes and apartments can be a drag on the real estate market, holding La Grande 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.

La Grande Home Appreciation Rates

Appreciation rates for homes in La Grande have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 32.12%, which ranks in the top 50% nationwide. This equates to an annual average La Grande house appreciation rate of 2.82%.

NeighborhoodScout's data show that during the latest twelve months, La Grande's appreciation rate, at 3.98%, has been at or slightly above the national average. In the latest quarter, La Grande's appreciation rate has been 1.43%, which annualizes to a rate of 5.86%.

Relative to Oregon, our data show that La Grande's latest annual appreciation rate is lower than 70% 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 La Grande differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in La Grande - 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 La Grande real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$196,198

La Grande, OR HOME PRICES

> $1,238,000
0.6%
0.6%
$928,001 - $1,238,000
0.2%
0.2%
$619,001 - $928,000
1.8%
1.8%
$495,001 - $619,000
2.7%
2.7%
$371,001 - $495,000
8.8%
8.8%
$247,001 - $371,000
19.1%
19.1%
$124,001 - $247,000
44.5%
44.5%
$62,001 - $124,000
10.4%
10.4%
$0 - $62,000
11.8%
11.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very Low for OR

Value Relative To Nation

Number Of Homes And Apartments:
5,328

La Grande Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
89.46% 3.13%
1
7
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,105 / per month

Homeownership Rate

Owners
48.6%
48.6%
Renters
51.4%
51.4%
Vacant
11.1%
11.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
9.2%
9.2%
1970 - 1999
41.1%
41.1%
1940 - 1969
20.8%
20.8%
1939 or Older
28.9%
28.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
57.1%
57.1%
Townhomes
3.5%
3.5%
Small Apt. Buildings
8.1%
8.1%
Apt. Complexes
18.9%
18.9%
Mobile Homes
12.3%
12.3%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.9%
4.9%
1 Bedroom
10.2%
10.2%
2 Bedrooms
37.0%
37.0%
3 Bedrooms
33.9%
33.9%
4 Bedrooms
10.4%
10.4%
5 or more bedrooms
3.7%
3.7%
0.0% 100.0%
% OF HOMES

Popular Communities Near La Grande, OR

Zip Codes in La Grande, OR