Pendleton, OR

Population: 16,935
Average annual home appreciation rate: 6.05%
Total of homes for sale in this market: 26
Median home price: $153,126
Median Rent: $684 per room
Home price range: 51.80% of homes are between $102,001 – $205,000
Median sales price: Still gathering data
Number of homes: 29
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 65.86% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.52%
Number of renters: 48.69%
Number of owner occupied: 51.31%
Number people living below poverty level: 14.76%
Unemployment rate: 7.00%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Pendleton 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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