Zip 97633 (Merrill, OR) Housing

Merrill, OR (97633) has an impressive median housing value of $250,900, which is far higher than the US national median of $338,100. The housing appreciation rate in Merrill has been even more remarkable; over the past year prices have risen by 9.53%. This is nearly a full percentage point higher than the US national rate of 8.27%. These figures suggest Merrill is an excellent location for potential homeowners looking to invest in a property that will appreciate quickly and offer great returns over time.

The median home cost in Merrill (zip 97633) is $250,900. Home appreciation the last 10 years has been 126.0%. Home Appreciation in Merrill (zip 97633) is up 16.0%.

Average Age of Homes

- The median age of Merrill (zip 97633) real estate is 42 years old

The Rental Market in Merrill (zip 97633)

- Renters make up 37.9% of the Merrill (zip 97633) population
- 2.1% of houses and apartments in Merrill (zip 97633), 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	Merrill, Oregon	United States
	523.0	139,647,020.0
	54	42
	$250,900	$338,100
	16.0%	16.6%
	71.9%	57.0%
	126.0%	101.1%
	$6.83	$10.98
	$977	$2,690
	63.9%	57.4%
	9.2%	11.2%
	27.0%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	4.4%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	3.3%	2.4%
	0.6%	2.8%
	9.6%	3.9%
	12.3%	4.5%
	24.6%	11.3%
	8.1%	13.0%
	18.6%	20.1%
	12.0%	13.6%
	6.6%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.9%	13.6%
	6.9%	13.6%
	12.0%	13.6%
	14.7%	13.2%
	10.9%	14.8%
	12.0%	13.6%
	6.9%	10.0%
	9.9%	4.7%
	18.0%	12.2%

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