Astoria, OR—97103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Astoria, OR
As of Oct '25, the median home price in Astoria, OR is $475,000, with a year-over-year change of -2.1%. This indicates that home prices in Astoria, OR are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $475,000 | -2.1% |
| Single Family | $477,000 | -2.1% |
| Condos | $437,000 | -2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $335,000 | -3.5% |
2 Bed | $402,000 | -3.4% |
3 Bed | $488,000 | -2.0% |
4 Bed | $546,000 | -2.0% |
| 5 Bed | $590,000 | -2.8% |
% of Housing Stock
Rental Trends — Astoria, OR
As of July '25, Rentcast reports the average rent in Astoria, OR is $1,930, with a year-over-year rent change of 12.2%. Per bedroom, the median rent as of July '25 in Astoria, OR is studios: $1,080, 1-bedrooms: $1,420, 2-bedrooms: $1,870, 3-bedrooms: $2,580. The most common rental property sizes in Astoria, OR are 2-bedroom and 1-bedroom, accounting for 47.6% and 20.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,930 |
| Studio Rent | $850 | $1,080 |
| 1 Bed Rent | $1,300 | $1,420 |
| 2 Bed Rent | $1,800 | $1,870 |
| 3 Bed Rent | $2,500 | $2,580 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Astoria, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Astoria, OR is 93. This is a increase of 18.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | -6.0% |
Listing Count | 105 | 10.0% |
| Listings as % of Homes | 0.8% | 10.0% |
Days on Market | 93 | 18.0% |
Demographics — Astoria, OR
As of the latest ACS Survey released in 2023, Astoria, OR has a population of 17,700, which has remained stable by -0.9% over the past 5 years. Astoria, OR is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,700 | -0.9% |
% Under 18 | 20.3% | 1.0% |
% Seniors | 20.3% | 6.3% |
% WFH | 10.8% | 129.8% |
% w/ College Degree | 24.7% | -9.5% |
As of the latest ACS Survey released in 2023, Astoria, OR is a predominantly white area, with 77.5% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Astoria, OR is hispanic, making up 11.4% of the population. Foreign-born residents account for 4.0% of the population in Astoria, OR, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.5% | -10.8% |
% Black | 1.1% | 57.1% |
% Hispanic | 11.4% | 62.9% |
% Asian | 0.8% | 14.3% |
% Foreign Born | 4.0% | 0.0% |
Mortgage and Risk — Astoria, OR
According to HUD data as of 2023, there were 347 mortgage originations in Astoria, OR, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Astoria, OR. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 347 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Astoria, OR
Astoria, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 266 |
Total Units Section 8 | 266 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 86.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,300 | $1,040 |
| 2 Bedroom | -$430 | $1,800 | $1,370 |
| 3 Bedroom | -$660 | $2,500 | $1,840 |
| 4 Bedroom | N/A | N/A | $2,300 |
Affordability — Astoria, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $475,000 |
| Median Household Income | $75,100 |