Gervais, OR—97026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gervais, OR
As of Oct '25, the median home price in Gervais, OR is $429,000, with a year-over-year change of 1.1%. This indicates that home prices in Gervais, OR are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $429,000 | 1.1% |
| Single Family | $429,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $408,000 | 1.0% |
4 Bed | $442,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gervais, OR
As of July '25, Rentcast reports the average rent in Gervais, OR is $1,900, with a year-over-year rent change of 9.8%. Per bedroom, the median rent as of July '25 in Gervais, OR is 3-bedrooms: $1,900. The most common rental property sizes in Gervais, OR are 2-bedroom and 3-bedroom, accounting for 61.7% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $1,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gervais, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Gervais, OR is 20. This is a decrease of -83.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $824,000 | 33.0% |
Listing Count | 7 | -33.0% |
| Listings as % of Homes | 0.9% | -33.0% |
Days on Market | 20 | -83.0% |
Demographics — Gervais, OR
As of the latest ACS Survey released in 2023, Gervais, OR has a population of 3,900, which has decreased by -13.9% over the past 5 years. Gervais, OR is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,900 | -13.9% |
% Under 18 | 24.5% | -21.7% |
% Seniors | 10.9% | 39.7% |
% WFH | 3.1% | 47.6% |
% w/ College Degree | 15.1% | 106.8% |
As of the latest ACS Survey released in 2023, Gervais, OR is a predominantly hispanic area, with 57.6% of the population identifying as hispanic. The hispanic population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Gervais, OR is white, making up 38.6% of the population. Foreign-born residents account for 24.5% of the population in Gervais, OR, and this percentage has increased by 15.6% 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 | 38.6% | -4.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 57.6% | 0.2% |
% Asian | 1.3% | 1,200.0% |
% Foreign Born | 24.5% | 15.6% |
Mortgage and Risk — Gervais, OR
According to HUD data as of 2023, there were 55 mortgage originations in Gervais, OR, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Gervais, OR. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 55 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Gervais, OR
Gervais, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,370 |
| 2 Bedroom | N/A | N/A | $1,760 |
| 3 Bedroom | $550 | $1,900 | $2,450 |
| 4 Bedroom | N/A | N/A | $2,660 |
Affordability — Gervais, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $429,000 |
| Median Household Income | $89,600 |