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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 671 people, 260 houses or apartments, and a median cost of homes of $854,159, Gaston house prices are not only among the most expensive in Oregon, Gaston real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Gaston, accounting for 82.29% of the city's housing units. Other types of housing that are prevalent in Gaston include mobile homes or trailers ( 6.25%), duplexes, homes converted to apartments or other small apartment buildings ( 5.90%), and a few large apartment complexes or high rise apartments ( 4.51%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gaston. Owner-occupied housing accounts for 75.00% of Gaston's homes, and 58.33% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Gaston 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 Gaston built before 1939 ( 25.00%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.36%). There's also some housing in Gaston built between 1940-1969 ( 8.68%).
Appreciation rates for homes in Gaston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 106.92%, which ranks in the top 30% nationwide. This equates to an annual average Gaston house appreciation rate of 7.54%.
Over the last year, Gaston appreciation rates have trailed the rest of the nation. In the last twelve months, Gaston's appreciation rate has been 2.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gaston were at 2.13%, which equates to an annual appreciation rate of 8.81%.
Relative to Oregon, our data show that Gaston's latest annual appreciation rate is higher than 70% of the other cities and towns in Oregon.
$854,159
for Oregon
for nation
260
$1,965 / per month