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 2,266 people, 1,058 houses or apartments, and a median cost of homes of $385,585, Waldport real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Waldport, accounting for 61.18% of the city's housing units. Other types of housing that are prevalent in Waldport include mobile homes or trailers ( 18.81%), duplexes, homes converted to apartments or other small apartment buildings ( 7.59%), and a few large apartment complexes or high rise apartments ( 6.05%).
Dwellings in Waldport tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 51.82% of the homes in Waldport have two or fewer bedrooms.
There is a lot of housing in Waldport 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 Waldport built between 2000 and later ( 23.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.18%). There's also some housing in Waldport built before 1939 ( 3.87%).
Vacant housing appears to be an issue in Waldport. Fully 14.61% of the housing stock is classified as vacant. Left unchecked, vacant Waldport homes and apartments can be a drag on the real estate market, holding Waldport 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.
Appreciation rates for homes in Waldport have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.30%, which ranks in the top 40% nationwide. This equates to an annual average Waldport house appreciation rate of 7.30%.
Over the last year, Waldport appreciation rates have trailed the rest of the nation. In the last twelve months, Waldport's appreciation rate has been -0.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Waldport were at 2.21%, which equates to an annual appreciation rate of 9.15%.
Relative to Oregon, our data show that Waldport's latest annual appreciation rate is lower than 70% of the other cities and towns in Oregon.
$385,585
for Oregon
for nation
1,058
$1,472 / per month