Median price for residential apartments in Bandon, OR as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
14 Bandon, OR 97411, USA apartments for sale
Bandon
According to statistics, the population in Bandon, OR amounts to 3,062, which shows decline -1% compared to the previous year. The median age of the city’s residents is 57. The average household income is $30,000, shifting growth 4% from the past year, and the average property value in Bandon, OR growth 12% to $200,200 throughout the year.
| Population | 3,062 |
| Median Age | 56.6 |
| Poverty Rate | 24% |
| Household Income | $30,000 |
| Number Of Employees | 1,202 |
| Median Property Value | $200,200 |
Household Income
The average household income in Bandon, OR grew from $28,854 to $30,000 in the past year. This data is an estimate based upon 1,502 households in Bandon, OR . The chart below presents how household income is distributed in Bandon, OR in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bandon, OR shifted from $178,000 to $200,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bandon, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bandon, OR properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bandon, OR compared to median property taxes around the country. The prevalent amount of property taxes in Bandon, OR equals $1750, which is less than the national average.
Housing Trends
How much does an apartment cost in Bandon, OR 97411, USA
Average apartment sale in Bandon: $538,738 (-4.2%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $179,115 | -22.3% |
| 2-bed apartments | $400,000 | +0.6% |
| 3-bed apartments | $753,364 | +3.8% |
| 4+ bed apartments | $1,175,000 | +3.7% |
During Nov 2022, the average price for an apartment in/near Bandon, OR decreased by 4.2% to $538,738.
Asking price for 2-bed apartment also increased by 0.6% and a place of this size will now cost you $400,000. A 3-bed apartment goes for $753,364, it increased by 3.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 3.7% and made it up to $1,175,000.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Lofts for sale | $698,000 | -27.3% |
| Houses for sale | $787,686 | +8% |
| Apartments for sale | $316,250 | N/A |
| Land for sale | $179,115 | -18% |
While assessing the property pricing Bandon, OR, you can note that it remains flat with a price tag of $316,250. Price reports demonstrate that house price increased by 8% this month making it up to $787,686. The price dynamics of lofts changed, it decreased by 27.3%, the price tag now starts at $698,000.