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Oregon Real Estate


According to census data in the year 2000 there were 1,452,709 housing units in Oregon. This represents a 21.7% from 1,193,567 in 1990.

Of those housing units, 1,131,584 were located in either urbanized areas or urban clusters, and 321,125 were located in what is classified as a rural area.

Homeownership rate in Oregon is about 64.2%. Oregon's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Oregon were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type3.4%
One Bedroom12.7%
Two Bedrooms29.6%
Three Bedrooms39.5%
Four Bedrooms12.1%
Five Bedrooms or more2.8%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1973
Median Value of occupied units$152,100
Median Price asked for vacant units$138,000

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1973
Median Monthly Rent asked for vacant units$552

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage9.7%
Home Equity Loan9.2%
Simple Mortgage55.1%
Debt Free25.7%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.2%

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