Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Svensen

Learn about the people, housing, costs and businesses in Svensen, Oregon

Median Home$470,500
Median Rent$1,393/month
Population857
Leading IndustriesWholesale Trade · Education27% wholesale trade
Home Value Growth+4.3% over 2 years
Young Adults33% of residentswell above average
Homeowners88% of occupied units
NotableHigh Incomes$86k/year · top 29% nationally
Svensen
OR

Frequently Asked Questions

What are today's mortgage rates in Svensen?

As of today, the 30-year fixed mortgage rate for Svensen is approximately 6.887% (6.923% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Svensen
What is the median home price in Svensen?

The median home value in Svensen is $471k. The median monthly rent is $1,393. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Svensen?

Home values in Svensen have increased 4.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Svensen?

Based on a typical all-in ownership cost of $1,102/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Svensen is $86k/year.

Calculate your buying power
What industries drive the economy in Svensen?

The largest employment sectors in Svensen are wholesale trade (27%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.