Vernonia, OR—97064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vernonia, OR
As of Oct '25, the median home price in Vernonia, OR is $385,000, with a year-over-year change of -0.3%. This indicates that home prices in Vernonia, OR are flat. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $385,000 | -0.3% |
| Single Family | $385,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $302,000 | -1.9% |
3 Bed | $407,000 | -0.7% |
4 Bed | $489,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Vernonia, OR
As of July '25, Rentcast reports the average rent in Vernonia, OR is $1,570, with a year-over-year rent change of 248.9%. Per bedroom, the median rent as of July '25 in Vernonia, OR is 1-bedrooms: $635, 3-bedrooms: $2,150, 4-bedrooms: $2,100. The most common rental property sizes in Vernonia, OR are 2-bedroom and 1-bedroom, accounting for 35.0% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $1,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $400 | $635 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,150 | $2,150 |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Vernonia, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Vernonia, OR is 62. This is a increase of 9.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $568,000 | 15.0% |
Listing Count | 30 | -10.0% |
| Listings as % of Homes | 1.0% | -10.0% |
Days on Market | 62 | 9.0% |
Demographics — Vernonia, OR
As of the latest ACS Survey released in 2023, Vernonia, OR has a population of 3,730, which has increased by 15.1% over the past 5 years. Vernonia, OR is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,730 | 15.1% |
% Under 18 | 22.7% | 5.6% |
% Seniors | 17.0% | -15.4% |
% WFH | 9.6% | 43.3% |
% w/ College Degree | 17.6% | 16.6% |
As of the latest ACS Survey released in 2023, Vernonia, OR is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Vernonia, OR is hispanic, making up 4.7% of the population. Foreign-born residents account for 2.4% of the population in Vernonia, OR, and this percentage has increased by 20.0% 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 | 87.1% | -9.4% |
% Black | 0.9% | 50.0% |
% Hispanic | 4.7% | 104.3% |
% Asian | 0.2% | ∞% |
% Foreign Born | 2.4% | 20.0% |
Mortgage and Risk — Vernonia, OR
According to HUD data as of 2023, there were 91 mortgage originations in Vernonia, OR, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Vernonia, OR. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 91 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Vernonia, OR
Vernonia, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,200 | $400 | $1,600 |
| 2 Bedroom | N/A | N/A | $1,830 |
| 3 Bedroom | $380 | $2,150 | $2,530 |
| 4 Bedroom | $830 | $2,100 | $2,930 |
Affordability — Vernonia, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $385,000 |
| Median Household Income | $78,100 |