The housing market in 97731 Chemult, OR is quite strong compared to the US average. The median house value in 97731 Chemult, OR is $418,400, which is 24% higher than the US median value of $338,100. Additionally, over the last year, house appreciation in Chemult has been 8.40%, just a bit higher than the national average of 8.27%. This shows that the area is a desirable place to buy or sell a home and that there is a strong demand for housing in this area.
The median home cost in Chemult (zip 97731) is $418,400. Home appreciation the last 10 years has been 228.8%. Home Appreciation in Chemult (zip 97731) is up 14.0%.
Average Age of Homes
- The median age of Chemult (zip 97731) real estate is 46 years old
The Rental Market in Chemult (zip 97731)
- Renters make up 37.6% of the Chemult (zip 97731) population
- 0.0% of houses and apartments in Chemult (zip 97731), 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.