Warrenton, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Warrenton Neighborhoods Since 2000




Warrenton, 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

Warrenton Housing Market Information

With 5,282 people, 1,898 houses or apartments, and a median cost of homes of $253,890, Warrenton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Warrenton, accounting for 60.01% of the city's housing units. Other types of housing that are prevalent in Warrenton include duplexes, homes converted to apartments or other small apartment buildings ( 16.30%), mobile homes or trailers ( 9.00%), and a few large apartment complexes or high rise apartments ( 8.48%).

The most prevalent building size and type in Warrenton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.56% owning and 47.44% renting.

There is a lot of housing in Warrenton 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 Warrenton built between 2000 and later ( 22.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.76%). There's also some housing in Warrenton built before 1939 ( 11.02%).

Vacant housing appears to be an issue in Warrenton. Fully 10.60% of the housing stock is classified as vacant. Left unchecked, vacant Warrenton homes and apartments can be a drag on the real estate market, holding Warrenton 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.

Warrenton Home Appreciation Rates

Appreciation rates for homes in Warrenton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.76%, which ranks in the top 50% nationwide. This equates to an annual average Warrenton house appreciation rate of 0.18%.

Appreciation rates are so strong in Warrenton that despite a nationwide downturn in the housing market, Warrenton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Warrenton appreciation rates continue to be some of the highest in America, at 6.38%, which is higher than appreciation rates in 76.97% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Warrenton. Warrenton appreciation rates in the latest quarter were at 0.46%, which equates to an annual appreciation rate of 1.84%.

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

Average Home Values

 

Median Home Value:
$253,890

Warrenton, OR HOME PRICES

Value Range
> $1,201,000 0.6
$900,001 - $1,201,000 0.0
$600,001 - $900,000 4.7
$480,001 - $600,000 1.6
$360,001 - $480,000 10.8
$240,001 - $360,000 38.8
$120,001 - $240,000 30.6
$60,001 - $120,000 6.4
$0 - $60,000 6.6

Average for OR
High for Nation

Value Relative to Nation Value Relative to State
21.938356967069 56.5217391304348

Number Of Homes And Apartments:
1,898

Warrenton 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
65.97% 2.98% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,116 / per month

Homeownership Rate

Homeownership
Owners 52.56
Renters 47.44
Vacant 10.60

Housing Market Details

 

Age of Homes

AGE OF Warrenton HOMES
2000 or Newer 22.1
1970 - 1999 54.1
1940 - 1969 12.8
1939 or Older 11.0

Types of Homes

TYPE OF Warrenton HOMES
Single-Family 60.0
Townhomes 6.2
Small Apt. Buildings 16.3
Apt. Complexes 8.5
Mobile Homes 9.0
Other 0.0

Home Size

SIZE OF Warrenton HOMES
No Bedroom 2.64
1 Bedroom 8.15
2 Bedrooms 28.54
3 Bedrooms 49.51
4 Bedrooms 7.07
5 or more bedrooms 4.10

Popular Neighborhoods in Warrenton

Popular Communities Near Warrenton, OR

Zip Codes in Warrenton, OR