Fairview, OR—97024
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairview, OR
As of Oct '25, the median home price in Fairview, OR is $470,000, with a year-over-year change of -0.1%. This indicates that home prices in Fairview, OR are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $470,000 | -0.1% |
| Single Family | $472,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $365,000 | -0.3% |
3 Bed | $463,000 | -0.4% |
4 Bed | $581,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairview, OR
As of July '25, Rentcast reports the average rent in Fairview, OR is $1,810, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Fairview, OR is studios: $1,340, 1-bedrooms: $1,450, 2-bedrooms: $1,640, 3-bedrooms: $2,390. The most common rental property sizes in Fairview, OR are 2-bedroom and 1-bedroom, accounting for 45.6% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,810 |
| Studio Rent | $1,340 | $1,340 |
| 1 Bed Rent | $1,450 | $1,450 |
| 2 Bed Rent | $1,550 | $1,640 |
| 3 Bed Rent | $2,400 | $2,390 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fairview, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairview, OR is 48. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $533,000 | 0.0% |
Listing Count | 27 | 1.0% |
| Listings as % of Homes | 0.3% | 1.0% |
Days on Market | 48 | -22.0% |
Demographics — Fairview, OR
As of the latest ACS Survey released in 2023, Fairview, OR has a population of 11,700, which has increased by 12.7% over the past 5 years. Fairview, OR is a moderately popular place for families, as children make up 16.3% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,700 | 12.7% |
% Under 18 | 16.3% | -18.1% |
% Seniors | 14.8% | 7.2% |
% WFH | 14.4% | 700.0% |
% w/ College Degree | 23.2% | 0.0% |
As of the latest ACS Survey released in 2023, Fairview, OR is a predominantly white area, with 48.4% of the population identifying as white. The white population has shrunk by 34.1% in the last 5 years. The second most common race or ethnicity in Fairview, OR is hispanic, making up 27.2% of the population. Foreign-born residents account for 15.8% of the population in Fairview, OR, and this percentage has increased by 36.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 48.4% | -34.1% |
% Black | 12.0% | 207.7% |
% Hispanic | 27.2% | 82.6% |
% Asian | 1.3% | -58.1% |
% Foreign Born | 15.8% | 36.2% |
Mortgage and Risk — Fairview, OR
According to HUD data as of 2023, there were 124 mortgage originations in Fairview, OR, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Fairview, OR. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 124 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Fairview, OR
Fairview, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 231 |
Total Units Section 8 | 231 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 84.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,450 | $1,650 |
| 2 Bedroom | $330 | $1,550 | $1,880 |
| 3 Bedroom | $180 | $2,400 | $2,580 |
| 4 Bedroom | N/A | N/A | $3,030 |
Affordability — Fairview, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $470,000 |
| Median Household Income | $71,600 |