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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 11,610 people, 4,682 houses or apartments, and a median cost of homes of $404,733, Oregon real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Oregon, accounting for 57.36% of the village's housing units. Other types of housing that are prevalent in Oregon include row houses and other attached homes ( 17.48%), large apartment complexes or high rise apartments ( 13.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.05%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oregon. Owner-occupied housing accounts for 71.47% of Oregon's homes, and 65.69% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Oregon 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 Oregon built between 2000 and later ( 26.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.31%). There's also some housing in Oregon built before 1939 ( 6.22%).
Real estate appreciation rates in Oregon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.43% during the period.
Appreciation rates are so strong in Oregon that despite a nationwide downturn in the housing market, Oregon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oregon appreciation rates continue to be some of the highest in America, at 11.71%, which is higher than appreciation rates in 70.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oregon. Oregon appreciation rates in the latest quarter were at 1.66%, which equates to an annual appreciation rate of 6.81%.
Relative to Wisconsin, our data show that Oregon's latest annual appreciation rate is lower than 50% of the other cities and towns in Wisconsin.
$404,733
for Wisconsin
for nation
4,682
$1,537 / per month