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 10,247, 4,244 total housing units (homes and apartments), and a median house value of $314,002, Baker City real estate values are some of the lowest in Oregon, although compared to real estate around the nation, Baker City homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Baker City, accounting for 73.63% of the city's housing units. Other types of housing that are prevalent in Baker City include large apartment complexes or high rise apartments ( 10.30%), mobile homes or trailers ( 8.08%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.67%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Baker City. Owner-occupied housing accounts for 68.13% of Baker City's homes, and 55.43% have either three or four bedrooms, which is average sized relative to America.
The housing in Baker City was primarily built before 1939 ( 38.22%), making the housing stock in Baker City some of the oldest overall in America, although there is a range of ages of homes in Baker City. The next most important housing age is between 1970-1999 ( 29.43%), followed by between 1940-1969 ( 22.77%). There's also some housing in Baker City built between 2000 and later ( 9.59%).
Appreciation rates for homes in Baker City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 112.33%, which ranks in the top 30% nationwide. This equates to an annual average Baker City house appreciation rate of 7.82%.
Over the last year, Baker City appreciation rates have trailed the rest of the nation. In the last twelve months, Baker City's appreciation rate has been -0.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Baker City were at 2.21%, which equates to an annual appreciation rate of 9.15%.
Relative to Oregon, our data show that Baker City's latest annual appreciation rate is lower than 80% of the other cities and towns in Oregon.
$314,002
for Oregon
for nation
4,244
$1,291 / per month