Sandy, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sandy Neighborhoods Since 2000




Sandy, 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

Sandy Housing Market Information

With 10,644 people, 3,827 houses or apartments, and a median cost of homes of $293,275, Sandy real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Sandy, accounting for 71.25% of the city's housing units. Other types of housing that are prevalent in Sandy include large apartment complexes or high rise apartments ( 10.59%), mobile homes or trailers ( 7.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.82%).

The most prevalent building size and type in Sandy are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.23% owning and 35.77% renting.

Sandy homes and real estate are some of the newest in America. 43.07% of Sandy's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Sandy real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.54%), and between 1940-1969 ( 13.19%). There's also some housing in Sandy built before 1939 ( 3.20%).

Sandy Home Appreciation Rates

Appreciation rates for homes in Sandy have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.01%, which ranks in the top 40% nationwide. This equates to an annual average Sandy house appreciation rate of 0.68%.

Appreciation rates are so strong in Sandy that despite a nationwide downturn in the housing market, Sandy real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sandy appreciation rates continue to be some of the highest in America, at 11.38%, which is higher than appreciation rates in 96.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sandy. Sandy appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.56%.

Importantly, this makes Sandy 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 Sandy's latest annual appreciation rate is higher than 70% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$293,275

Sandy, OR HOME PRICES

Value Range
> $1,356,000 0.3
$1,017,001 - $1,356,000 1.1
$678,001 - $1,017,000 2.5
$543,001 - $678,000 3.5
$407,001 - $543,000 11.4
$271,001 - $407,000 41.2
$136,001 - $271,000 31.2
$68,001 - $136,000 0.9
$0 - $68,000 8.0

High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
16.8990976210008 38.6473429951691

Number Of Homes And Apartments:
3,827

Sandy 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
65.89% 2.98% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,700 / per month

Homeownership Rate

Homeownership
Owners 64.23
Renters 35.77
Vacant 7.92

Housing Market Details

 

Age of Homes

AGE OF Sandy HOMES
2000 or Newer 43.1
1970 - 1999 40.5
1940 - 1969 13.2
1939 or Older 3.2

Types of Homes

TYPE OF Sandy HOMES
Single-Family 71.2
Townhomes 5.3
Small Apt. Buildings 5.8
Apt. Complexes 10.6
Mobile Homes 7.0
Other 0.0

Home Size

SIZE OF Sandy HOMES
No Bedroom 2.26
1 Bedroom 4.52
2 Bedrooms 16.22
3 Bedrooms 61.16
4 Bedrooms 13.47
5 or more bedrooms 2.36