Woodburn, OR 97071 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Woodburn, OR—97071

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$419,000

0.3% YoY Growth

Household Income

$70,100

46.1% YoY Growth

Days on Market

106

102.0% Longer YoY

Home Price Forecast

0.6%

Median Rent

$1,650

12.7% YoY Growth

1-Bed Rent

$1,380

3.9% YoY Growth

2-Bed Rent

$1,580

6.0% YoY Growth

3-Bed Rent

$2,500

3.3% YoY Growth

Home Price Trends — Woodburn, OR

As of Dec '25, the median home price in Woodburn, OR is $419,000, with a year-over-year change of 0.3%. This indicates that home prices in Woodburn, 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	$419,000	0.3%
Single Family	$421,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Woodburn, OR

As of July '25, Rentcast reports the average rent in Woodburn, OR is $1,950, with a year-over-year rent change of 12.7%. Per bedroom, the median rent as of July '25 in Woodburn, OR is studios: $1,350, 1-bedrooms: $1,230, 2-bedrooms: $1,560, 3-bedrooms: $2,340, 4-bedrooms: $3,030. The most common rental property sizes in Woodburn, OR are 2-bedroom and 3-bedroom, accounting for 40.9% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,950
Studio Rent	$1,350	$1,350
1 Bed Rent	$1,380	$1,230
2 Bed Rent	$1,580	$1,560
3 Bed Rent	$2,500	$2,340
4 Bed Rent	$2,940	$3,030

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% of Rental Stock

Studio

3.6%

1 Bedroom

18.9%

2 Bedrooms

40.9%

3 Bedrooms

31.1%

4 Bedrooms

4.7%

5+ Bedrooms

0.9%

Property Listings — Woodburn, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Woodburn, OR is 92. This is a increase of 89.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$484,000	16.0%
Listing Count	122	8.0%
Listings as % of Homes	0.8%	8.0%
Days on Market	106	102.0%

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Demographics — Woodburn, OR

As of the latest ACS Survey released in 2023, Woodburn, OR has a population of 31,800, which has increased by 8.1% over the past 5 years. Woodburn, OR is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	31,800	8.1%
% Under 18	25.7%	-14.3%
% Seniors	17.0%	14.9%
% WFH	9.1%	111.6%
% w/ College Degree	16.8%	9.1%

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As of the latest ACS Survey released in 2023, Woodburn, OR is a predominantly hispanic area, with 60.9% of the population identifying as hispanic. The hispanic population has grown by 17.1% in the last 5 years. The second most common race or ethnicity in Woodburn, OR is white, making up 34.0% of the population. Foreign-born residents account for 29.7% of the population in Woodburn, OR, and this percentage has increased by 21.2% 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	34.0%	-22.2%
% Black	0.5%	-16.7%
% Hispanic	60.9%	17.1%
% Asian	1.1%	-8.3%
% Foreign Born	29.7%	21.2%

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Mortgage and Risk — Woodburn, OR

According to HUD data as of 2023, there were 440 mortgage originations in Woodburn, OR, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Woodburn, OR. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	440
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Woodburn, OR

As of 2024, the percent of homes in Woodburn, OR under the Section 8 program is 12.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Woodburn, OR, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	476
Total Units Section 8	476
% Rentals under Section 8	12.5%
% Occupied Section 8	74.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$220	$1,380	$1,600
2 Bedroom	$250	$1,580	$1,830
3 Bedroom	$30	$2,500	$2,530
4 Bedroom	-$10	$2,940	$2,930

Woodburn, OR—97071

Key Metrics at a Glance

Home Price Trends — Woodburn, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Woodburn, OR

% of Rental Stock

Property Listings — Woodburn, OR

Demographics — Woodburn, OR

Race and Ethnicity

Mortgage and Risk — Woodburn, OR

Mortgages

Rentals and Section 8 — Woodburn, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Woodburn, OR

Home Price to Income Ratio

Woodburn, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hubbard, OR

Mount Angel, OR

Donald, OR

Mount Angel

Aurora, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.8
Median Home Price	$419,000
Median Household Income	$70,100

Woodburn, OR—97071

Key Metrics at a Glance

Home Price Trends — Woodburn, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Woodburn, OR

% of Rental Stock

Property Listings — Woodburn, OR

Demographics — Woodburn, OR

Race and Ethnicity

Mortgage and Risk — Woodburn, OR

Mortgages

Rentals and Section 8 — Woodburn, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Woodburn, OR

Home Price to Income Ratio

Woodburn, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hubbard, OR

Mount Angel, OR

Donald, OR

Mount Angel

Aurora, OR

Frequently Asked Questions

What is the average home price in Woodburn, OR 97071?

How have home prices in Woodburn, OR 97071 changed over the past year?

What is the home price projection for Woodburn, OR 97071?

What are the demographics of Woodburn, OR 97071?

How long does it take homes to sell in Woodburn, OR 97071?

What is the average rent price in Woodburn, OR 97071?