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 a population of 9,811, 3,858 total housing units (homes and apartments), and a median house value of $415,107, Eagle Point real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Eagle Point, accounting for 68.30% of the city's housing units. Other types of housing that are prevalent in Eagle Point include mobile homes or trailers ( 9.95%), row houses and other attached homes ( 8.96%), and a few large apartment complexes or high rise apartments ( 7.75%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eagle Point. Owner-occupied housing accounts for 74.22% of Eagle Point's homes, and 71.13% have either three or four bedrooms, which is average sized relative to America.
Eagle Point homes and real estate are some of the newest in America. 51.25% of Eagle Point's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Eagle Point real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 31.17%), and between 1940-1969 ( 16.59%).
Real estate appreciation rates in Eagle Point's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.10% during the period.
Appreciation rates are so strong in Eagle Point that despite a nationwide downturn in the housing market, Eagle Point real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Eagle Point appreciation rates continue to be some of the highest in America, at 6.90%, which is higher than appreciation rates in 82.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Eagle Point. Eagle Point appreciation rates in the latest quarter were at 1.98%, which equates to an annual appreciation rate of 8.14%.
Importantly, this makes Eagle Point 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 Eagle Point's latest annual appreciation rate is higher than 90% of the other cities and towns in Oregon.
$415,107
for Oregon
for nation
3,858
$2,026 / per month