Veneta, Oregon Real Estate & Housing Market

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Veneta Housing Information

Index	Veneta	Oregon	National
Median home price	$174,400	$247,200	$184,700
Median rent asked	$822	$941	$949
Avg. people per household	2.9	2.5	2.6
Owner occupied households	68.9%	61.4%	63.6%
Renter occupied households	31.1%	38.6%	36.4%

A general overview of the Veneta, OR real estate market is displayed above. The median home price for homes in Veneta, OR is $174,400, which is 29% lower than the Oregon average. This means that real estate in the Veneta, OR area is generally more affordable than the rest of Oregon. The median rent price in Veneta, OR is $822 which is 13% lower than the Oregon average. In Veneta, OR, 68.9% of people are home owners and an average of 2.9 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Veneta, OR. We make it easy to find Veneta, OR real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Veneta Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Veneta, OR. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Veneta, OR is $174,400 and the median household income is $43,750. This results in a home price to income ratio of 4.0x, which is 14% lower than the Oregon average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Veneta, OR are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Veneta, OR.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Junction City, OR	5,735	$178,600	3%
Eugene, OR	161,649	$246,400	33%
Coburg, OR	1,194	$261,600	42%
Veneta, OR	4,741	$174,400	6%

Cities with similar population

City, State	Population	Home Price	National Avg.
Adairsville, GA	4,740	$115,800	37%
Miami Heights, OH	4,740	$208,500	13%
Greenacres, CA	4,737	$191,300	4%
Baxley, GA	4,737	$70,700	62%
Barrett, TX	4,737	$89,100	52%
Veneta, OR	4,741	$174,400	6%

Source: The Veneta, OR housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).