Westport, OR is a small city with an impressive housing market. With a median value of $562,600, it is well above the national median of $338,100 and shows that housing in Westport is in high demand. Additionally, while the US had a 1 year house appreciation rate of 8.27%, Westport's rate was 6.12%. This demonstrates that although Westport's housing market has grown in the past year, it is still slightly lower than the national average. All in all, this displays that people are attracted to the area for its highly valued property and potential to have their investments increase over time.
The median home cost in Westport is $562,600. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Westport is up 12.2%.
Average Age of Homes
- The median age of Westport real estate is 68 years old
The Rental Market in Westport
- Renters make up 43.4% of the Westport population
- 0.0% of houses and apartments in Westport, 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.