97907, Huntington, OR

Huntington, Oregon is located in the northwestern corner of the state and is bordered by the states of Washington to the north and east, California to the south, and Nevada to the west. The city has a population of just over 43,000 people and is home to several universities including Oregon State University. The city's economy is primarily based on agriculture, with a small number of businesses focused on tourism.

According to data from Zillow, home prices in Huntington have increased by an average of 7.5% annually over the past five years. In September 2018, Zillow calculated that the median home value in Huntington was $269,700 which makes it one of the most affordable cities in Oregon. Over 60% of homes in Huntington are owner-occupied while 38% are rented.

Huntington's strong economy has led to an increase in home equity values throughout the city. As of September 2018, homeowners' equity was estimated at $128,100 on average while renters' equity was estimated at $64,500 on average. This means that homeowners are more likely than renters to have more than enough money available for a down payment on a new home or for other expenses related to owning a home such as repairs or improvements.

While homeownership rates in Huntington remain high compared to many other cities across America, there has been an increasing trend towards renting instead of buying over recent years due both to affordability concerns and shifting preferences among consumers regarding housing tenure. This trend may continue as long as incomes continue to grow faster than prices can increase within Huntington's current market conditions