Cities with the fastest growing home prices in Albany, Oregon metro area

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August 23, 2022
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Cities with the fastest growing home prices in Albany, Oregon metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Albany, OR metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. All 14 cities and towns with data available were included in the list.

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1 / 14
Stacker

#14. Sweet Home, OR

- 1-year price change: +$56,647 (+18.4%)
- 5-year price change: +$173,784 (+91.3%)
- Typical home value: $364,201 (#13 most expensive city in metro)
2 / 14
Stacker

#13. Halsey, OR

- 1-year price change: +$56,864 (+17.5%)
- 5-year price change: +$178,434 (+87.8%)
- Typical home value: $381,770 (#12 most expensive city in metro)
3 / 14
Stacker

#12. Harrisburg, OR

- 1-year price change: +$57,237 (+16.3%)
- 5-year price change: +$179,528 (+78.3%)
- Typical home value: $408,917 (#10 most expensive city in metro)
4 / 14
Stacker

#11. Mill City, OR

- 1-year price change: +$58,661 (+19.5%)
- 5-year price change: +$170,226 (+90.2%)
- Typical home value: $358,919 (#14 most expensive city in metro)
5 / 14
Stacker

#10. South Lebanon, OR

- 1-year price change: +$60,970 (+17.0%)
- 5-year price change: +$192,339 (+85.0%)
- Typical home value: $418,723 (#9 most expensive city in metro)

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6 / 14
Stacker

#9. Brownsville, OR

- 1-year price change: +$62,304 (+16.8%)
- 5-year price change: +$186,819 (+75.6%)
- Typical home value: $433,866 (#7 most expensive city in metro)
7 / 14
Stacker

#8. Lebanon, OR

- 1-year price change: +$65,785 (+19.4%)
- 5-year price change: +$183,790 (+83.3%)
- Typical home value: $404,495 (#11 most expensive city in metro)
8 / 14
Stacker

#7. Albany, OR

- 1-year price change: +$68,938 (+18.9%)
- 5-year price change: +$185,153 (+74.6%)
- Typical home value: $433,436 (#8 most expensive city in metro)
9 / 14
Stacker

#6. Lyons, OR

- 1-year price change: +$82,872 (+19.1%)
- 5-year price change: +$220,836 (+74.7%)
- Typical home value: $516,562 (#6 most expensive city in metro)
10 / 14
Stacker

#5. Shedd, OR

- 1-year price change: +$83,536 (+18.6%)
- 5-year price change: +$226,677 (+74.1%)
- Typical home value: $532,595 (#4 most expensive city in metro)

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11 / 14
Stacker

#4. Scio, OR

- 1-year price change: +$88,496 (+17.8%)
- 5-year price change: +$257,104 (+78.2%)
- Typical home value: $585,997 (#2 most expensive city in metro)
12 / 14
Stacker

#3. Foster, OR

- 1-year price change: +$96,134 (+21.8%)
- 5-year price change: +$239,561 (+80.8%)
- Typical home value: $536,128 (#3 most expensive city in metro)
13 / 14
Stacker

#2. Tangent, OR

- 1-year price change: +$102,775 (+24.7%)
- 5-year price change: +$226,810 (+77.9%)
- Typical home value: $518,119 (#5 most expensive city in metro)
14 / 14
Stacker

#1. Millersburg, OR

- 1-year price change: +$124,457 (+25.5%)
- 5-year price change: +$256,207 (+71.7%)
- Typical home value: $613,406 (#1 most expensive city in metro)

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