97867, North Powder, OR

Home Equity and Home Prices in the 97867 Zip Code of North Powder, OR

The zip code of 97867 located in North Powder, Oregon has a median home value of $245,000. This is higher than the statewide median home value of $217,500. The zip code also has a lower than average population density with only 2 people per square mile. This may be one reason why the median home value is higher than average. Additionally, there are only 3 homes for sale in this zip code which may also contribute to the high median home value.

When looking at recent trends in home equity and home prices, it is important to consider both short-term and long-term factors. In the short-term, there have been fluctuations due to market conditions such as interest rates and inflation. Over the long term however, trends tend to be more stable due to longer term economic indicators such as employment levels and consumer spending patterns. Based on these longer term trends it is safe to say that overall prices will continue to rise in the 97867 zip code over time.

If you are thinking about buying or selling a property in the 97867 zip code, it is important to consult with an experienced real estate agent who can provide you with accurate information about current market conditions and trends.