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Vale, OR Real Estate


According to census data in the year 2000 there were 730 housing units in Vale. This represents a 16.4% growth from 627 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 730 were located in what is classified as a rural area.

Homeownership rate in Vale is about 63.7%. Vale's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Vale were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom15.20%
Two Bedrooms34.90%
Three Bedrooms36.80%
Four Bedrooms9.50%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1968
Median Value of occupied units$71,600
Median Price asked for vacant units$71,700

Rented Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1967
Median Monthly Rent asked for vacant units$303

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan6.80%
Simple Mortgage49.50%
Debt Free39.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%