Zip 97603 (Altamont, OR) Housing

The housing market in 97603 Altamont, OR is currently quite strong. The median value of a house in this area is $294,300, which is significantly lower than the US House Median Value of $338,100. In the past year, there has been an impressive appreciation rate of 9.53%, compared to the US 1 year House Appreciation of 8.27%. This indicates that the housing market in Altamont is growing and evolving rapidly, making it an attractive place to buy a home or invest in real estate.

The median home cost in Altamont (zip 97603) is $294,300. Home appreciation the last 10 years has been 126.0%. Home Appreciation in Altamont (zip 97603) is up 16.0%.

Average Age of Homes

- The median age of Altamont (zip 97603) real estate is 43 years old

The Rental Market in Altamont (zip 97603)

- Renters make up 28.4% of the Altamont (zip 97603) population
- 0.3% of houses and apartments in Altamont (zip 97603), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Altamont, Oregon	United States
	12,985.0	139,647,020.0
	46	42
	$294,300	$338,100
	16.0%	16.6%
	71.9%	57.0%
	126.0%	101.1%
	$8.41	$10.98
	$1,638	$2,690
	62.6%	57.4%
	5.4%	11.2%
	32.0%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	5.2%	2.4%
	3.2%	2.8%
	3.0%	3.9%
	2.4%	4.5%
	13.4%	11.3%
	22.0%	13.0%
	25.9%	20.1%
	10.3%	13.6%
	6.9%	8.3%
	3.8%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.8%	13.6%
	10.8%	13.6%
	14.7%	13.6%
	10.3%	13.2%
	21.8%	14.8%
	14.7%	13.6%
	9.5%	10.0%
	9.3%	4.7%
	7.9%	12.2%

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