Waldport, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Waldport, 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

Waldport Housing Market Information

With 2,130 people, 880 houses or apartments, and a median cost of homes of $215,722, Waldport real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Waldport, accounting for 71.18% of the city's housing units. Other types of housing that are prevalent in Waldport include mobile homes or trailers ( 14.92%), duplexes, homes converted to apartments or other small apartment buildings ( 6.17%), and a few large apartment complexes or high rise apartments ( 5.71%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Waldport. Owner-occupied housing accounts for 66.87% of Waldport's homes, and 52.30% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Waldport 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 Waldport built between 1940-1969 ( 18.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.50%). There's also some housing in Waldport built before 1939 ( 9.21%).

Vacant housing appears to be an issue in Waldport. Fully 18.97% of the housing stock is classified as vacant. Left unchecked, vacant Waldport homes and apartments can be a drag on the real estate market, holding Waldport 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.

Waldport Home Appreciation Rates

Homes have actually lost value in Waldport over the last then years, as home values have seen a decline of 25.70% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Waldport home appreciation rates at 0.46%, which equates to an annual appreciation rate of 1.84%.

Over the last year, Waldport appreciation rates have trailed the rest of the nation. In the last twelve months, Waldport's appreciation rate has been 1.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Waldport were at 0.46%, which equates to an annual appreciation rate of 1.84%.

Relative to Oregon, our data show that Waldport's latest annual appreciation rate is lower than 90% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$215,722

Waldport, OR HOME PRICES

Value Range
> $1,097,000 0.0
$823,001 - $1,097,000 0.7
$548,001 - $823,000 5.4
$439,001 - $548,000 5.0
$329,001 - $439,000 14.9
$219,001 - $329,000 19.7
$110,001 - $219,000 35.5
$55,001 - $110,000 8.1
$0 - $55,000 10.7

Low for OR
High for Nation

Value Relative to Nation Value Relative to State
28.5538497597562 74.3961352657005

Number Of Homes And Apartments:
880

Waldport 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
41.92% 2.05% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$974 / per month

Homeownership Rate

Homeownership
Owners 66.87
Renters 33.13
Vacant 18.97

Housing Market Details

 

Age of Homes

AGE OF Waldport HOMES
2000 or Newer 10.5
1970 - 1999 62.0
1940 - 1969 18.3
1939 or Older 9.2

Types of Homes

TYPE OF Waldport HOMES
Single-Family 71.2
Townhomes 1.0
Small Apt. Buildings 6.2
Apt. Complexes 5.7
Mobile Homes 14.9
Other 1.0

Home Size

SIZE OF Waldport HOMES
No Bedroom 3.87
1 Bedroom 7.64
2 Bedrooms 35.17
3 Bedrooms 41.90
4 Bedrooms 10.41
5 or more bedrooms 1.01

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Zip Codes in Waldport, OR