Glendale First-Time Homebuyer Report for October

Glendale has a much older population than other areas in Oregon with a median age of 35 years. It is also much less affluent than average with a median income of $30,897 per household. With a median age of 51 years, homes in Glendale tend to be older than most. Topping the list of best schools in the city is Oakland Elementary School.

Price Range

Glendale has some of the more affordable homes in the state with a median home value of $84,700 and a current average list price of $106,027. The number of sellers who put their homes up for sale in the Glendale market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold.

Typical Dwelling

A three-bedroom detached home valued around $114,000 is considered a typical dwelling in Glendale. If a buyer was looking for a similar home, they would need good credit and a $22,800 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $710 and the property tax rate is $9.39 per $1,000 of taxable assessed value.

Get started right now by checking out Glendale homes for sale or reviewing Glendale real estate trends.


Data reported through 10/13/2016

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