Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
22 Philomath, OR 97370, USA apartments for sale
Philomath
According to statistics, the population in Philomath, OR amounts to 4,624, which shows decline 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $58,250, shifting growth 5% from the past year, and the average property value in Philomath, OR growth 7% to $218,700 throughout the year.
| Population | 4,624 |
| Median Age | 35.4 |
| Poverty Rate | 17% |
| Household Income | $58,250 |
| Number Of Employees | 2,417 |
| Median Property Value | $218,700 |
Household Income
The average household income in Philomath, OR grew from $55,345 to $58,250 in the past year. This data is an estimate based upon 1,816 households in Philomath, OR . The chart below presents how household income is distributed in Philomath, OR in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Philomath, OR shifted from $203,800 to $218,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Philomath, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Philomath, 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 Philomath, OR compared to median property taxes around the country. The prevalent amount of property taxes in Philomath, OR equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Philomath, OR 97370, USA
Average sale in Philomath: $444,171 (+14.3%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $130,000 | N/A |
| 2 bed for sale | $352,175 | -11.9% |
| 3 bed for sale | $438,486 | -8.4% |
| 4+ bed for sale | $495,854 | +89.8% |
During Jul 2022, the average price for an apartment in/near Philomath, OR increased by 14.3% to $444,171.
Asking price for 2-bed apartment also decreased by 11.9% and a place of this size will now cost you $352,175. A 3-bed apartment goes for $438,486, it decreased by 8.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 89.8% and made it up to $495,854.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Houses for sale | $444,171 | -7.4% |
| Land for sale | $97,960 | N/A |
| Duplexes for sale | $550,000 | N/A |
| Apartments for sale | $130,000 | N/A |
While assessing the property pricing Philomath, OR, you can note that it remains flat with a price tag of $130,000. Price reports demonstrate that house price decreased by 7.4% this month making it up to $444,171. An average value of duplex is $550,000, thus a median price for a duplex remains the same this month.