West Linn, OR Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

West Linn, OR Housing Market Trends

With 26,736 people, 9,734 houses or apartments, and a median cost of homes of $595,059, West Linn house prices are not only among the most expensive in Oregon, West Linn real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in West Linn, accounting for 79.28% of the city's housing units. Other types of housing that are prevalent in West Linn include large apartment complexes or high rise apartments ( 7.46%), duplexes, homes converted to apartments or other small apartment buildings ( 7.21%), and a few row houses and other attached homes ( 5.44%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Linn. Owner-occupied housing accounts for 81.06% of West Linn's homes, and 68.41% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in West Linn 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 West Linn built between 2000 and later ( 19.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.96%). There's also some housing in West Linn built before 1939 ( 5.09%).

West Linn Home Appreciation Rates

In the last 10 years, West Linn has experienced some of the highest home appreciation rates of any community in the nation. West Linn real estate appreciated 65.37% over the last ten years, which is an average annual home appreciation rate of 5.16%, putting West Linn in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, West Linn definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, West Linn's appreciation rate, at 5.35%, has been at or slightly above the national average. In the latest quarter, West Linn's appreciation rate has been 2.09%, which annualizes to a rate of 8.63%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within West Linn differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in West Linn - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best West Linn real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$595,059

West Linn, OR HOME PRICES

> $1,180,000
5.9%
5.9%
$885,001 - $1,180,000
10.8%
10.8%
$590,001 - $885,000
34.3%
34.3%
$472,001 - $590,000
19.7%
19.7%
$354,001 - $472,000
19.0%
19.0%
$236,001 - $354,000
6.9%
6.9%
$118,001 - $236,000
2.9%
2.9%
$59,001 - $118,000
0.2%
0.2%
$0 - $59,000
0.4%
0.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for OR

Value Relative To Nation

Number Of Homes And Apartments:
9,734

West Linn Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
122.30% 3.88%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,395 / per month

Homeownership Rate

Owners
81.1%
81.1%
Renters
18.9%
18.9%
Vacant
2.3%
2.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
19.7%
19.7%
1970 - 1999
62.3%
62.3%
1940 - 1969
13.0%
13.0%
1939 or Older
5.1%
5.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
79.3%
79.3%
Townhomes
5.4%
5.4%
Small Apt. Buildings
7.2%
7.2%
Apt. Complexes
7.5%
7.5%
Mobile Homes
0.6%
0.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.1%
1.1%
1 Bedroom
4.8%
4.8%
2 Bedrooms
16.1%
16.1%
3 Bedrooms
35.6%
35.6%
4 Bedrooms
32.8%
32.8%
5 or more bedrooms
9.6%
9.6%
0.0% 100.0%
% OF HOMES