The housing market in 97414 Broadbent, Oregon is quite strong. The median value of a house is $304,800, which is slightly lower than the US median value of $338,100. However, the appreciation rate for houses over the past year has been 8.24%, only 0.03% lower than the national average of 8.27%. This suggests that homes in 97414 Broadbent are increasing in value at similar rates to those across the United States. All together, this indicates that home prices and appreciation rates in 97414 Broadbent are healthy and should provide good investment potential for buyers looking to invest in local real estate.
The median home cost in Broadbent (zip 97414) is $304,800. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Broadbent (zip 97414) is up 13.1%.
Average Age of Homes
- The median age of Broadbent (zip 97414) real estate is 49 years old
The Rental Market in Broadbent (zip 97414)
- Renters make up 51.4% of the Broadbent (zip 97414) population
- 0.0% of houses and apartments in Broadbent (zip 97414), 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.