Keizer, OR Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Keizer, OR Housing Market Trends

With a population of 39,713, 14,232 total housing units (homes and apartments), and a median house value of $338,343, Keizer real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Keizer, accounting for 62.07% of the city's housing units. Other types of housing that are prevalent in Keizer include large apartment complexes or high rise apartments ( 18.73%), duplexes, homes converted to apartments or other small apartment buildings ( 10.47%), and a few row houses and other attached homes ( 5.07%).

The most prevalent building size and type in Keizer are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.20% owning and 40.80% renting.

There is a lot of housing in Keizer built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Keizer built between 1940-1969 ( 23.42%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.62%). There's also some housing in Keizer built before 1939 ( 1.57%).

Keizer Home Appreciation Rates

In the last 10 years, Keizer has experienced some of the highest home appreciation rates of any community in the nation. Keizer real estate appreciated 75.60% over the last ten years, which is an average annual home appreciation rate of 5.79%, putting Keizer in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Keizer definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Keizer that despite a nationwide downturn in the housing market, Keizer real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Keizer appreciation rates continue to be some of the highest in America, at 6.68%, which is higher than appreciation rates in 80.85% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Keizer. Keizer appreciation rates in the latest quarter were at 2.19%, which equates to an annual appreciation rate of 9.07%.

Relative to Oregon, our data show that Keizer's latest annual appreciation rate is higher than 70% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Keizer differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Keizer - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Keizer real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$338,343

Keizer, OR HOME PRICES

> $1,304,000
0.1%
0.1%
$978,001 - $1,304,000
0.7%
0.7%
$652,001 - $978,000
1.7%
1.7%
$521,001 - $652,000
4.7%
4.7%
$391,001 - $521,000
20.7%
20.7%
$261,001 - $391,000
44.4%
44.4%
$131,001 - $261,000
21.4%
21.4%
$65,001 - $131,000
1.3%
1.3%
$0 - $65,000
5.0%
5.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for OR

Value Relative To Nation

Number Of Homes And Apartments:
14,232

Keizer Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
131.09% 4.07%
8
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,466 / per month

Homeownership Rate

Owners
59.2%
59.2%
Renters
40.8%
40.8%
Vacant
5.5%
5.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
16.6%
16.6%
1970 - 1999
58.4%
58.4%
1940 - 1969
23.4%
23.4%
1939 or Older
1.6%
1.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.1%
62.1%
Townhomes
5.1%
5.1%
Small Apt. Buildings
10.5%
10.5%
Apt. Complexes
18.7%
18.7%
Mobile Homes
3.7%
3.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
7.1%
7.1%
2 Bedrooms
30.5%
30.5%
3 Bedrooms
45.0%
45.0%
4 Bedrooms
13.9%
13.9%
5 or more bedrooms
1.5%
1.5%
0.0% 100.0%
% OF HOMES