Redwood, OR Real Estate

According to census data in the year 2000 there were 2,547 housing units in Redwood. This represents a 55% growth from 1,643 in 1990.

Of those housing units, 2,535 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.

Homeownership rate in Redwood is about 65.1%. Redwood's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Redwood were built after 1984.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom6.30%
Two Bedrooms40.40%
Three Bedrooms46.80%
Four Bedrooms3.60%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1981
Median Value of occupied units$130,000
Median Price asked for vacant units$88,800

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1990
Median Monthly Rent asked for vacant units$471

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage7.40%
Home Equity Loan3.50%
Simple Mortgage50.10%
Debt Free38.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%