97471, Roseburg, OR

Roseburg, Oregon is a small town located in the heart of the Willamette Valley. The population of Roseburg was just over 30,000 as of the 2010 census. The 97471 zip code covers much of downtown Roseburg and includes a number of popular shopping areas and restaurants. Home prices in Roseburg have been steadily increasing over the past few years, reaching an all-time high in 2016.

According to Zillow, the median home value in Roseburg was $269,200 as of September 2017. This represents an increase of nearly 20% from 2016, when the median home value was $242,500. In addition to rising home values, demand for housing in Roseburg has been strong due to its close proximity to Portland and other major cities in Oregon. As a result, there are currently no available homes for sale within the 97471 zip code that are priced below $275K.

Despite these positive trends, there are some potential risks associated with buying or investing in homes in Roseburg. First and foremost is the fact that prices can continue to rise rapidly if there is continued growth in the local economy or if interest rates remain low (as they have done recently). Additionally, although it is generally safe to buy a home anywhere within Oregon's borders (assuming you can qualify for a mortgage), there are some areas within 97471 zip code that may be more risky than others due to their proximity to volatile neighborhoods or troubled schools. Finally, while it is generally easy enough to sell a house once you decide you want to move out of town or change your lifestyle , selling your home during peak market conditions can be challenging (and potentially costly).