97352, Jefferson, OR

The 97352 zip code of Jefferson, OR has a median home value of $174,000. This is significantly lower than the statewide median home value of $324,000. The 97352 zip code also has a lower than average home equity percentage of 57%. This indicates that many homes in this zip code are valued less than their outstanding mortgage balances.

Despite these low values, the 97352 zip code still has a high rate of homeownership at 81%. This is higher than the statewide homeownership rate of 68%. It is likely that this high rate of homeownership is due to the low rates of interest available on mortgages in this area.

Another factor that may contribute to the high homeownership rate in the 97352 zip code is the low number of vacant homes in this area. There are only 6% more vacant homes than occupied homes in this zip code. This indicates that there is strong demand for housing here and that people are willing to invest in property ownership.