Rhododendron, OR—97049
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rhododendron, OR
As of Oct '25, the median home price in Rhododendron, OR is $411,000, with a year-over-year change of 0.3%. This indicates that home prices in Rhododendron, OR are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $411,000 | 0.3% |
| Single Family | $416,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $354,000 | 0.0% |
3 Bed | $500,000 | -0.4% |
4 Bed | $592,000 | -0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rhododendron, OR
As of July '25, Rentcast reports the average rent in Rhododendron, OR is $2,900, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Rhododendron, OR is 3-bedrooms: $2,900. The most common rental property sizes in Rhododendron, OR are 3-bedroom and 2-bedroom, accounting for 61.6% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,900 | $2,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rhododendron, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Rhododendron, OR is 69. This is a decrease of -5.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | -10.0% |
Listing Count | 26 | 29.0% |
| Listings as % of Homes | 0.3% | 29.0% |
Days on Market | 69 | -5.0% |
Demographics — Rhododendron, OR
As of the latest ACS Survey released in 2023, Rhododendron, OR has a population of 2,020, which has increased by 22.9% over the past 5 years. Rhododendron, OR is a less popular place for families, as children make up 14.9% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,020 | 22.9% |
% Under 18 | 14.9% | -31.7% |
% Seniors | 22.6% | 62.6% |
% WFH | 18.6% | 144.7% |
% w/ College Degree | 36.6% | 27.5% |
As of the latest ACS Survey released in 2023, Rhododendron, OR is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Rhododendron, OR is hispanic, making up 3.5% of the population. Foreign-born residents account for 2.0% of the population in Rhododendron, OR, and this percentage has increased by 66.7% 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 | 91.2% | -5.1% |
% Black | 0.0% | N/A |
% Hispanic | 3.5% | 400.0% |
% Asian | 1.2% | -36.8% |
% Foreign Born | 2.0% | 66.7% |
Mortgage and Risk — Rhododendron, OR
According to HUD data as of 2023, there were 64 mortgage originations in Rhododendron, OR, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Rhododendron, OR. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 45.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Rhododendron, OR
Rhododendron, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,610 |
| 2 Bedroom | N/A | N/A | $1,840 |
| 3 Bedroom | -$370 | $2,900 | $2,530 |
| 4 Bedroom | N/A | N/A | $2,960 |
Affordability — Rhododendron, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $411,000 |
| Median Household Income | $89,900 |