Welches, OR—97028
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Welches, OR
Home Price Trends — Welches, OR
As of Oct '25, the median home price in Welches, OR is $683,000, with a year-over-year change of 4.9%. This indicates that home prices in Welches, OR are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $683,000 | 4.9% |
| Single Family | $700,000 | 4.6% |
| 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 | $730,000 | 3.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Welches, OR
Welches, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Welches, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Welches, OR is 134. This is a increase of 208.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $820,000 | -32.0% |
Listing Count | 20 | 80.0% |
| Listings as % of Homes | 1.3% | 80.0% |
Days on Market | 134 | 208.0% |
Demographics — Welches, OR
As of the latest ACS Survey released in 2023, Welches, OR has a population of 150, which has decreased by -9.6% over the past 5 years. Welches, OR is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 62.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 46.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 150 | -9.6% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 62.0% | 87.3% |
% WFH | 46.7% | ∞% |
% w/ College Degree | 62.8% | 8.7% |
Welches, OR lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.3% | -1.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.0% | ∞% |
% Asian | 2.7% | ∞% |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Welches, OR
Welches, OR lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Welches, OR
Welches, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,600 |
| 2 Bedroom | N/A | N/A | $1,830 |
| 3 Bedroom | N/A | N/A | $2,530 |
| 4 Bedroom | N/A | N/A | $2,930 |
Affordability — Welches, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $683,000 |
| Median Household Income | $77,100 |