Oregon Home Prices Increase 6.4 Percent
by Amanda Peacher OPB | May 27, 2015 10:01 a.m. | Updated: May 27, 2015 11:07 a.m.
House prices rose 6.4 percent in Oregon in the past year, according to a federal index released Tuesday.
The quarterly report shows that Bend-Redmond and Medford had Oregon’s sharpest increase in prices in the past year. In both of those metro areas, the median house price rose about 9 percent.
Home prices in the Portland-Vancouver metro area increased by 8.5 percent in the past 12 months.
Oregon ranks 10th in the nation among states for appreciation in house prices, according to the federal report.
Seasonally Adjusted Housing Price
Annual Rate Increases
- Portland-Vancouver: 8.5%
- Albany: 3.73%
- Bend-Redmond: 9.25%
- Eugene: 5.11%
- Medford: 9%
- Salem: 7.39%