Grants Pass, OR

Population: 35,076
Average annual home appreciation rate: 26.57%
Total of homes for sale in this market: 493
Median home price: $209,491
Median Rent: $936 per room
Home price range: 44.62% of homes are between $115,001 – $230,000
Median sales price: $220,400
Number of homes: 140
Median foreclosure sales price: $197,653
Foreclosure discount: 10%
Most common home type: 60.82% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.98%
Number of renters: 51.82%
Number of owner occupied: 48.18%
Number people living below poverty level: 23.15%
Unemployment rate: 7.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Grants Pass 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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