City:
North Bonneville is a city in the state of washington with a population of roughly 977. It is in Skamania County, Washington the Portland-Vancouver-Hillsboro, OR-WA core-based statistical areas (CBSA), and the Portland-Vancouver-Salem, OR-WA combined statistical area (CSA).Its Zip codes include 98639 .
North Bonneville is a small town located in the Columbia River Gorge, about an hour east of Portland, Oregon. The population was just over 1,000 in 2010 and has been growing steadily since then. North Bonneville is known for its natural beauty and its proximity to the gorge. It is also a popular tourist destination, with many visitors coming to visit the nearby waterfall and hiking trails.
Real estate in North Bonneville is dominated by single-family homes. There are a few small apartment complexes and a few commercial properties, but the majority of housing is single-family homes. The average price for a home in North Bonneville was $269,000 in 2016. The most expensive home on record was sold for $425,000. The median price was $239,500.
The main reason that real estate prices are high in North Bonneville is because there are very few other options available. There are only about 20 acres of land available for development within the town limits, so there is not much room for new construction or growth. Additionally, the town has strict zoning laws that limit what can be built where (most notably no apartments or stores). This makes it difficult for new businesses to start up and makes it difficult for people who want to move into town from outside of it because they cannot find any housing that meets their needs.
Despite these challenges, there are some people who believe that high real estate prices are actually good news because they indicate that there is strong demand for homes in North Bonneville. This demand means that home prices will continue to rise even if the economy slows down or if there are any other problems with the local economy.
Price Index: Portland-Vancouver-Hillsboro, OR-WA