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Silverton, OR Real Estate


According to census data in the year 2000 there were 2,903 housing units in Silverton. This represents a 30.5% growth from 2,225 in 1990.

Of those housing units, 2,860 were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.

Homeownership rate in Silverton is about 61.7%. Silverton's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Silverton were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom11.70%
Two Bedrooms29.50%
Three Bedrooms41.20%
Four Bedrooms12.20%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1963
Median Value of occupied units$152,800
Median Price asked for vacant units$375,000

Rented Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1972
Median Monthly Rent asked for vacant units$545

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage14.80%
Home Equity Loan7.20%
Simple Mortgage48.80%
Debt Free28.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%