Median price for residential apartments in Brookings, OR as of Oct, 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.
46 Brookings, OR 97415, USA apartments for sale
Brookings
According to statistics, the population in Brookings, OR amounts to 6,366, which shows decline 0% compared to the previous year. The median age of the city’s residents is 49. The average household income is $42,794, shifting growth 6% from the past year, and the average property value in Brookings, OR growth 3% to $272,400 throughout the year.
| Population | 6,366 |
| Median Age | 49 |
| Poverty Rate | 13% |
| Household Income | $42,794 |
| Number Of Employees | 2,409 |
| Median Property Value | $272,400 |
Household Income
The average household income in Brookings, OR grew from $40,316 to $42,794 in the past year. This data is an estimate based upon 2,762 households in Brookings, OR . The chart below presents how household income is distributed in Brookings, OR in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Brookings, OR shifted from $264,400 to $272,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Brookings, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Brookings, 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 Brookings, OR compared to median property taxes around the country. The prevalent amount of property taxes in Brookings, OR equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Brookings, OR 97415, USA
Average apartment sale in Brookings: $434,811 (-19.2%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $222,333 | -52.4% |
| 1-bed apartments | $284,700 | N/A |
| 2-bed apartments | $377,954 | +16% |
| 3-bed apartments | $574,560 | -12.1% |
| 4+ bed apartments | $367,500 | -37.1% |
During Oct 2022, the average price for an apartment in/near Brookings, OR decreased by 19.2% to $434,811.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $284,700 with no changes this month. Asking price for 2-bed apartment also increased by 16% and a place of this size will now cost you $377,954. A 3-bed apartment goes for $574,560, it decreased by 12.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 37.1% and made it down to $367,500.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Condos for sale | $428,780 | -1.4% |
| Houses for sale | $471,900 | -18.4% |
| Land for sale | $89,000 | -82.3% |
| Apartments for sale | $289,000 | +107.9% |
The average cost of an apartment in Brookings, OR rised by 107.9% to $289,000. Price reports demonstrate that house price decreased by 18.4% this month making it up to $471,900. Condos faced an upward trend these days. The median price for a condo decreased by 1.4%, it’s now available for $428,780.