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 5,196, 1,996 total housing units (homes and apartments), and a median house value of $340,168, Tillamook real estate values are some of the lowest in Oregon, although compared to real estate around the nation, Tillamook homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Tillamook, accounting for 47.37% of the city's housing units. Other types of housing that are prevalent in Tillamook include large apartment complexes or high rise apartments ( 20.03%), duplexes, homes converted to apartments or other small apartment buildings ( 15.84%), and a few row houses and other attached homes ( 14.58%).
The most prevalent building size and type in Tillamook are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.14% owning and 58.86% renting.
The housing in Tillamook was primarily built before 1939 ( 38.33%), making the housing stock in Tillamook some of the oldest overall in America, although there is a range of ages of homes in Tillamook. The next most important housing age is between 1970-1999 ( 34.33%), followed by between 1940-1969 ( 19.66%). There's also some housing in Tillamook built between 2000 and later ( 7.69%).
Appreciation rates for homes in Tillamook have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 114.73%, which ranks in the top 30% nationwide. This equates to an annual average Tillamook house appreciation rate of 7.94%.
Over the last year, Tillamook appreciation rates have trailed the rest of the nation. In the last twelve months, Tillamook's appreciation rate has been 3.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Tillamook were at -1.99%, which equates to an annual appreciation rate of -7.71%.
Notably, Tillamook's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Oregon, our data show that Tillamook's latest annual appreciation rate is higher than 80% of the other cities and towns in Oregon.
$340,168
for Oregon
for nation
1,996
$1,438 / per month