City:

Independence, OR

Independence is a city in the state of oregon with a population of roughly 11,150. It is in Polk County, Oregon the Salem, OR core-based statistical areas (CBSA), and the Portland-Vancouver-Salem, OR-WA combined statistical area (CSA).Its Zip codes include 97351 .

Trends in Home Prices in Independence, Oregon

Real estate in Independence, Oregon is a hot commodity. The city has seen an influx of people in recent years, and with that, the demand for housing has increased. In addition to this, Independence is located in a desirable area with plenty of amenities nearby. This combination has led to some serious bidding wars and record-breaking prices for homes and apartments.

Independence was founded in 1843 and was originally called Fort Hall. It became an official city in 1851 and quickly grew due to its location on the Oregon Trail. Today, Independence is a thriving community with a population of over 30,000 people. The city is home to several businesses and institutions including Nike, Intel Corporation, Columbia Sportswear Company (CSWC), Autodesk Inc., Starbucks Coffee Company, Pacific Sunwear of California Inc., etc.

There are many real estate options available in Independence including single family homes, townhomes/condos/apartments, duplexes/triplexes/quadruplexes as well as commercial properties such as office buildings or retail stores. The median price for a single family home in Independence was $269K as of March 2019 according to Zillow data while the median price for an apartment was $1K less at $236K. Prices can vary significantly depending on the location within the city as well as the type of property being offered (e.g., detached single family homes vs condos). In general though, prices are high compared to other cities across Oregon and nationwide.

One reason for this high demand may be due to Independence’s proximity to major metropolitan areas such as Portland or Seattle which offer great job opportunities along with ample entertainment options (e.g., theaters, restaurants). Additionally, there are many amenities available within close proximity such as shopping malls or parks which can make living here more enjoyable overall. Despite these factors though – or perhaps because of them – there have been reports of increasing rent prices outpacing wage growth over the past few years which could lead some people to reconsider moving here permanently if they cannot afford it now..

Price Index: Salem, OR

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