Cities with the most expensive homes in the Albany, Oregon metro area
Cities with the most expensive homes in the Albany, Oregon metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Albany, Oregon metro area using data from . Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.
#14. Sweet Home, OR
- Typical home value: $354,517
- 1-year price change: -0.1%
- 5-year price change: +19.4%
#13. Mill City, OR
- Typical home value: $366,316
- 1-year price change: +0.8%
- 5-year price change: +21.1%
#12. Halsey, OR
- Typical home value: $395,825
- 1-year price change: -1.1%
- 5-year price change: +18.2%
#11. Lebanon, OR
- Typical home value: $396,863
- 1-year price change: +0.3%
- 5-year price change: +19.5%
#10. Harrisburg, OR
- Typical home value: $416,330
- 1-year price change: +0.7%
- 5-year price change: +18.5%
#9. Albany, OR
- Typical home value: $440,581
- 1-year price change: +0.3%
- 5-year price change: +20.3%
#8. Brownsville, OR
- Typical home value: $447,532
- 1-year price change: +0.9%
- 5-year price change: +18.0%
#7. Tangent, OR
- Typical home value: $464,829
- 1-year price change: +1.3%
- 5-year price change: +24.1%
#6. Gates, OR
- Typical home value: $475,217
- 1-year price change: +5.1%
- 5-year price change: +15.9%
#5. Foster, OR
- Typical home value: $508,107
- 1-year price change: +1.2%
- 5-year price change: +14.9%
#4. Scio, OR
- Typical home value: $585,055
- 1-year price change: +4.9%
- 5-year price change: +24.0%
#3. Shedd, OR
- Typical home value: $600,786
- 1-year price change: +3.1%
- 5-year price change: +20.8%
#2. Millersburg, OR
- Typical home value: $612,412
- 1-year price change: +0.9%
- 5-year price change: +25.4%
#1. Sisters, OR
- Typical home value: $793,150
- 1-year price change: -3.5%
- 5-year price change: +14.7%