Cannon Beach—97110
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cannon Beach
As of Oct '25, the median home price in Cannon Beach is $891,000, with a year-over-year change of 3.0%. This indicates that home prices in Cannon Beach are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $891,000 | 3.0% |
| Single Family | $966,000 | 3.3% |
| Condos | $560,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $569,000 | 1.4% |
2 Bed | $702,000 | 1.6% |
3 Bed | $991,000 | 3.2% |
4 Bed | $1,235,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cannon Beach
As of July '25, Rentcast reports the average rent in Cannon Beach is $2,210, with a year-over-year rent change of -22.7%. Per bedroom, the median rent as of July '25 in Cannon Beach is 1-bedrooms: $770, 3-bedrooms: $3,650. The most common rental property sizes in Cannon Beach are 2-bedroom and 3-bedroom, accounting for 89.6% and 5.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $770 | $2,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $770 | $770 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,650 | $3,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cannon Beach
As of Oct '25, Realtor.com reports that the median days on market for a home in Cannon Beach is 99. This is a decrease of -29.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,020,000 | -41.0% |
Listing Count | 38 | 38.0% |
| Listings as % of Homes | 0.5% | 38.0% |
Days on Market | 99 | -29.0% |
Demographics — Cannon Beach
As of the latest ACS Survey released in 2023, Cannon Beach has a population of 1,130, which has remained stable by -0.4% over the past 5 years. Cannon Beach is a less popular place for families, as children make up 9.9% of the population. The area has a moderately educated workforce, with 43.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,130 | -0.4% |
% Under 18 | 9.9% | -48.2% |
% Seniors | 37.8% | 186.4% |
% WFH | 19.9% | 210.9% |
% w/ College Degree | 43.6% | 137.0% |
As of the latest ACS Survey released in 2023, Cannon Beach is a predominantly white area, with 68.3% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Cannon Beach is hispanic, making up 25.4% of the population. Foreign-born residents account for 6.0% of the population in Cannon Beach, and this percentage has decreased by 15.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.3% | -8.0% |
% Black | 0.4% | 0.0% |
% Hispanic | 25.4% | 49.4% |
% Asian | 0.6% | -76.9% |
% Foreign Born | 6.0% | -15.5% |
Mortgage and Risk — Cannon Beach
Cannon Beach 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 — Cannon Beach
Cannon Beach lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% 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 | $240 | $770 | $1,010 |
| 2 Bedroom | N/A | N/A | $1,320 |
| 3 Bedroom | -$1,880 | $3,650 | $1,770 |
| 4 Bedroom | N/A | N/A | $2,220 |
Affordability — Cannon Beach
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12 |
| Median Home Price | $891,000 |
| Median Household Income | $68,900 |