Veneta, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Veneta, OR Real Estate Data


Veneta Housing Market Information

With 4,800 people, 1,672 houses or apartments, and a median cost of homes of $231,954, Veneta real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Veneta, accounting for 71.56% of the city's housing units. Other types of housing that are prevalent in Veneta include mobile homes or trailers ( 10.90%), row houses and other attached homes ( 6.59%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.77%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Veneta. Owner-occupied housing accounts for 65.23% of Veneta's homes, and 73.08% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Veneta 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 Veneta built between 2000 and later ( 33.92%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.14%). There's also some housing in Veneta built before 1939 ( 5.19%).

Veneta Home Appreciation Rates

Real estate appreciation rates in Veneta's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.37% during the period.

Appreciation rates are so strong in Veneta that despite a nationwide downturn in the housing market, Veneta real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Veneta appreciation rates continue to be some of the highest in America, at 6.75%, which is higher than appreciation rates in 82.44% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Veneta. Veneta appreciation rates in the latest quarter were at 2.51%, which equates to an annual appreciation rate of 10.45%.

Relative to Oregon, our data show that Veneta's latest annual appreciation rate is lower than 80% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$231,954

Veneta, OR HOME PRICES

Value Range
> $1,213,000 0.0
$910,001 - $1,213,000 1.5
$607,001 - $910,000 3.1
$485,001 - $607,000 3.4
$364,001 - $485,000 7.0
$243,001 - $364,000 26.2
$121,001 - $243,000 43.3
$60,001 - $121,000 3.9
$0 - $60,000 11.6

Low for OR
High for Nation

Value Relative to Nation Value Relative to State
26.204836915149 68.1159420289855

Number Of Homes And Apartments:
1,672

Rent & Ownership

 

Average Market Rent:
$1,100 / per month

Homeownership Rate

Homeownership
Owners 65.23
Renters 34.77
Vacant 2.56

Housing Market Details

 

Age of Homes

AGE OF Veneta HOMES
2000 or Newer 33.9
1970 - 1999 44.8
1940 - 1969 16.1
1939 or Older 5.2

Types of Homes

TYPE OF Veneta HOMES
Single-Family 71.6
Townhomes 6.6
Small Apt. Buildings 5.8
Apt. Complexes 4.3
Mobile Homes 10.9
Other 0.9

Home Size

SIZE OF Veneta HOMES
No Bedroom 1.75
1 Bedroom 4.20
2 Bedrooms 19.76
3 Bedrooms 64.86
4 Bedrooms 8.22
5 or more bedrooms 1.22

Veneta Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
49.47% 2.39% 2 6
* 10 is highest

Popular Neighborhoods in Veneta

Popular Communities Near Veneta, OR

Zip Codes in Veneta, OR