Summerville, OR is an attractive housing market for both buyers and sellers. The median value of housing in Summerville is $473,900 which is significantly higher than the US median value of $338,100. This means that the requirement to purchase a home in Summerville is more expensive than most other cities in the US. Moreover, the 1 year house appreciation rate in Summerville is 12.74%, which is well above the US 1 year house appreciation of 8.27%. This demonstrates a strong and healthy housing market with potential for even further growth over time.
The median home cost in Summerville is $473,900. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Summerville is up 15.2%.
Average Age of Homes
- The median age of Summerville real estate is 44 years old
The Rental Market in Summerville
- Renters make up 18.4% of the Summerville population
- 0.0% of houses and apartments in Summerville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.