Astoria, OR

Population: 9,516
Average annual home appreciation rate: 5.43%
Total of homes for sale in this market: 74
Median home price: $255,004
Median Rent: $740per room
Home price range: 44.17% of homes are between $205,001 – $307,000
Median sales price: $194,900
Number of homes: 34
Median foreclosure sales price: $175,165
Foreclosure discount: 10%
Most common home type: 58.83% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 14.26%
Number of renters: 52.29%
Number of owner occupied: 47.71%
Number people living below poverty level: 21.07%
Unemployment rate: 5.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Astoria area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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