97144, Timber, OR

The 97144 zip code of Timber, Oregon is located in the Willamette Valley and has a population of approximately 9,000. Timber is a small town with a population of just over 1,000 people. The 97144 zip code has a median household income of $60,000 and an unemployment rate of 3%. The home equity and home prices in the 97144 zip code are both very high.

The median home value in the 97144 zip code is $269,500. This means that half of all homes in the 97144 zip code have a value above $269,500. The average home value in the 97144 zip code is $291,700. This means that the average home value in the 97144 zip code is more than double the median home value. The highest recorded home values in the 97144 zip code are $355,000 and $399,900. These are both homes that are worth more than three times as much as the average home value in this zipcode.

The homeownership rate in this zipcode is 88%. This means that nearly nine out of ten homes in this area are owned by someone who lives there. This high homeownership rate makes it very difficult for anyone who wants to buy or sell a house to do so easily. It also means that there are not many opportunities for people who want to invest their money into buying or selling houses because they will not be able to make much money if they do so.

The average price per square foot for houses in this area is $157 which is higher than any other area within 10 miles of Timber. This means that it is very difficult for anyone who wants to buy or sell a house here to get anywhere near their target price unless they have extremely deep pockets or they are willing to live outside of Timber altogether