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Copyright © 2012 1 Hot Property.
Bend Oregon and two other Oregon Cities in top 15 for appreciation in next 5 years.
Bend Oregon Real Estate is noted in this article by Business Insider as the top choice for appreciation for the next 5 years, with two other Oregon Cities noted, making 3 of the top 15 in Oregon.
#1 Bend, Oregon
Image: Jo Levine via Flickr
Annualized growth from 2011 – 2016: +11.9%Home prices in Bend are 45.2% off their peak in Q1 2007, which could make it good time to invest. Bend’s median family income is close to the national average of $61,600, but unemployment is high at 12.6%.
#2 Medford, Oregon
Image: Bailey Weaver via Flickr
Annualized growth from 2011 – 2016: +11.7%Medford’s home prices have fallen 39.3% since their peak in Q2 2006. The metro has a population of 202,306 and median family income of $55,900.
#12 Eugene, Oregon
Image: Wikimedia Commons
Annualized growth from 2011 – 2016: +8.8%The median home price in Eugene is $188,000 and prices are 21.6% off their Q2 2007 peak. The city does have an unemployment rate of 9.6% and a median household income of $53,700 below the national median.
Data provided by Fiserv Case Shiller Indexes