Philomath First-Time Homebuyer Report for October

Philomath is a larger than average city in Oregon that has seen a 4.1% increase in population over the last 10 years. It also has a total population of 4,584. Philomath is made up of homes that are considered relatively old with a median of 30 years. The best school in the city is Lyle Elementary School.

Price Range

Some of the more expensive homes in Oregon are in Philomath with a median home value of $204,300 and an average list price for available homes currently at $294,800. With one home sold in the Philomath market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from.

Curious as to which homes have been getting the most attention in Philomath? These listings have stirred up interest and produced the most views:

$499K   $265K   $264K  

Typical Dwelling

The typical dwelling in Philomath is a three-bedroom detached home worth about $246,481. To purchase a similar home, a buyer with good credit and a $49,296 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,504 monthly payment. The property tax rate is $11.21 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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