97825, Dayville, OR

Home Equity and Home Prices in the 97825 Zip Code of Dayville, OR

The 97825 zip code of Dayville, OR has a median home value of $184,000. This is a decrease from the previous year when the median home value was $194,000. The reason for this decrease may be due to recent market conditions or it could be that there are more homes for sale in this zip code than last year. Regardless of the reason, it is important to keep in mind that home values can change quickly and there is no guarantee that your home will be worth as much five years from now as it is today.

Another factor to consider when looking at home equity and prices in this zip code is mortgage rates. In March 2018, the average interest rate on a 30-year fixed-rate mortgage was 3.94%. This means that if you were to purchase a home in this zip code with a $200,000 down payment and an interest rate of 3.94%, you would end up paying approximately $1,028 per month on your mortgage (assuming no other fees).

Overall, while there may be some fluctuations in home equity and prices over time, it is important to remember that owning your own home remains one of the best investments possible – especially if you can find a property within your budget!