Ontario, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Ontario Neighborhoods Since 2000




Ontario, OR Real Estate Data


Ontario Housing Market Information

With 10,999 people, 4,380 houses or apartments, and a median cost of homes of $137,591, house prices in Ontario are solidly below the national average.

Single-family detached homes are the single most common housing type in Ontario, accounting for 54.36% of the city's housing units. Other types of housing that are prevalent in Ontario include large apartment complexes or high rise apartments ( 16.42%), duplexes, homes converted to apartments or other small apartment buildings ( 15.43%), and a few mobile homes or trailers ( 10.75%).

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

There is a lot of housing in Ontario 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 Ontario built between 1940-1969 ( 31.34%). A lesser amount of the housing stock also hails from before 1939 ( 8.66%). There's also some housing in Ontario built between 2000 and later ( 5.97%).

Ontario Home Appreciation Rates

Ontario's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ontario during the period has been just -1.48%, which is lower than 80% of US communities.

Over the last year, Ontario appreciation rates have trailed the rest of the nation. In the last twelve months, Ontario's appreciation rate has been 1.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ontario were at 1.86%, which equates to an annual appreciation rate of 7.66%.

Importantly, this makes Ontario 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 Ontario's latest annual appreciation rate is lower than 90% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$137,591

Ontario, OR HOME PRICES

Value Range
> $1,073,000 0.3
$804,001 - $1,073,000 0.3
$536,001 - $804,000 1.9
$429,001 - $536,000 0.4
$322,001 - $429,000 3.5
$215,001 - $322,000 7.1
$107,001 - $215,000 39.3
$54,001 - $107,000 34.6
$0 - $54,000 12.6

Very Low for OR
Average for Nation

Value Relative to Nation Value Relative to State
55.7131137935076 96.6183574879227

Number Of Homes And Apartments:
4,380

Rent & Ownership

 

Average Market Rent:
$706 / per month

Homeownership Rate

Homeownership
Owners 48.07
Renters 51.93
Vacant 7.67

Housing Market Details

 

Age of Homes

AGE OF Ontario HOMES
2000 or Newer 6.0
1970 - 1999 54.0
1940 - 1969 31.3
1939 or Older 8.7

Types of Homes

TYPE OF Ontario HOMES
Single-Family 54.4
Townhomes 3.0
Small Apt. Buildings 15.4
Apt. Complexes 16.4
Mobile Homes 10.8
Other 0.0

Home Size

SIZE OF Ontario HOMES
No Bedroom 4.70
1 Bedroom 12.61
2 Bedrooms 34.06
3 Bedrooms 38.64
4 Bedrooms 6.89
5 or more bedrooms 3.10

Ontario Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
14.55% 0.79% 1 2
* 10 is highest

Popular Neighborhoods in Ontario

Popular Communities Near Ontario, OR

Zip Codes in Ontario, OR