97053, Warren, OR

Warren, OR 97053 is located in the northwestern part of the state and has a population of just over 21,000 people. The median home value in Warren is $236,000 which is significantly lower than the statewide median home value of $374,500. In addition, the 97053 zip code has a low rate of home equity ownership at just 44% compared to the statewide rate of 56%.

There are several factors that may contribute to this disparity including lower incomes and higher rates of unemployment in Warren. Additionally, Warren has a high percentage of single-family homes which may make it more difficult for people to access equity in their homes. Despite these challenges, there are some indications that the market for housing in Warren is beginning to improve. For example, sales activity in the 97053 zip code increased by 10% from 2016 to 2017 and prices have also begun to increase modestly over recent years.