97454, Marcola, OR

The 97454 zip code of Marcola, OR is located in the Willamette Valley and has a population of approximately 2,000. The median household income in this zip code is $60,000 and the median home value is $210,000. The percentage of homes that are owner-occupied is 73%, while the percentage of homes that are rented is 27%.

The average home price in this zip code has increased by 9% over the past year. This increase can be attributed to a number of factors including an increase in demand for housing due to an increasing population and an increase in home equity values. In addition, there have been a number of new construction projects underway in this area which have increased the available inventory of homes for sale.

Despite these positive trends, there are still some areas where prices are lower than they were a year ago. This may be due to slower-than-expected economic growth or more limited inventory availability. In any case, it's important to keep in mind that prices can and do change rapidly in the housing market, so it's always best to consult with a real estate agent if you're interested in purchasing or selling a home in this area.