Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,337 people, 1,060 houses or apartments, and a median cost of homes of $353,454, Rogue River real estate values are some of the lowest in Oregon, although compared to real estate around the nation, Rogue River homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Rogue River, accounting for 50.75% of the city's housing units. Other types of housing that are prevalent in Rogue River include duplexes, homes converted to apartments or other small apartment buildings ( 18.67%), large apartment complexes or high rise apartments ( 14.17%), and a few mobile homes or trailers ( 13.33%).
People in Rogue River primarily live in small (one, two or no bedroom) single-family detached homes. Rogue River has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Rogue River built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rogue River built between 2000 and later ( 21.00%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.17%). There's also some housing in Rogue River built before 1939 ( 4.67%).
Vacant housing appears to be an issue in Rogue River. Fully 11.67% of the housing stock is classified as vacant. Left unchecked, vacant Rogue River homes and apartments can be a drag on the real estate market, holding Rogue River real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Rogue River's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.00% during the period.
NeighborhoodScout's data show that during the latest twelve months, Rogue River's appreciation rate, at 3.72%, has been at or slightly above the national average. In the latest quarter, Rogue River's appreciation rate has been 2.62%, which annualizes to a rate of 10.89%.
Importantly, this makes Rogue River one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Oregon, our data show that Rogue River's latest annual appreciation rate is higher than 80% of the other cities and towns in Oregon.
$353,454
for Oregon
for nation
1,060
$1,712 / per month