97502, Central Point, OR

The 97502 zip code of Central Point, Oregon is located in the Willamette Valley and has a population of around 10,000 people. The median home value in this zip code is $219,900 and the median home equity value is $122,500. This means that the majority of homes in this zip code are worth more than their original purchase price.

Home prices in Central Point have been increasing steadily for the past few years. In 2013, the median home value was $209,100 and by 2017 it had increased to $219,900. This increase can be attributed to a number of factors including low interest rates and an influx of new residents into the area.

Despite these positive trends, there are still some areas of concern for homebuyers in Central Point. One issue is that there is a limited supply of homes available for sale which has led to high prices and strong demand. Another issue is that many homes in this area are older and may require significant repairs or updates before they can be sold.