97733, Crescent, OR

The 97733 zip code of Crescent, OR has a median home value of $151,000. This is higher than the statewide median home value of $135,800 and the national median home value of $177,200. The percentage of homes in this zip code that are valued at over $250,000 is significantly higher than the statewide percentage (5%) and the national percentage (2%).

There are a number of factors that may contribute to the high home values in this zip code. The area is located in a desirable location with access to both major metropolitan areas and plenty of natural resources. Additionally, there is strong demand for housing due to its proximity to top universities and businesses.

Despite these positive factors, there are some challenges facing homeowners in this area. One issue is that prices have been increasing faster than average rates of inflation over the past few years. This could make it difficult for people who are trying to save for a down payment or purchase a house outright. Additionally, there has been an increase in foreclosures and short sales over recent years which may lead some people to reconsider purchasing a home in this area.