Hayesville, OR—97305
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hayesville, OR
As of Oct '25, the median home price in Hayesville, OR is $418,000, with a year-over-year change of -0.3%. This indicates that home prices in Hayesville, OR are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $418,000 | -0.3% |
| Single Family | $419,000 | -0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $334,000 | -0.3% |
3 Bed | $408,000 | -0.2% |
4 Bed | $465,000 | 0.2% |
| 5 Bed | $530,000 | 0.4% |
% of Housing Stock
Rental Trends — Hayesville, OR
As of July '25, Rentcast reports the average rent in Hayesville, OR is $1,660, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Hayesville, OR is studios: $998, 1-bedrooms: $1,150, 2-bedrooms: $1,420, 3-bedrooms: $2,090, 4-bedrooms: $2,940. The most common rental property sizes in Hayesville, OR are 2-bedroom and 3-bedroom, accounting for 52.6% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,660 |
| Studio Rent | $595 | $998 |
| 1 Bed Rent | $1,200 | $1,150 |
| 2 Bed Rent | $1,400 | $1,420 |
| 3 Bed Rent | $2,200 | $2,090 |
| 4 Bed Rent | $2,800 | $2,940 |
% of Rental Stock
Property Listings — Hayesville, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Hayesville, OR is 54. This is a decrease of -15.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | 1.0% |
Listing Count | 122 | 8.0% |
| Listings as % of Homes | 0.4% | 8.0% |
Days on Market | 54 | -15.0% |
Demographics — Hayesville, OR
As of the latest ACS Survey released in 2023, Hayesville, OR has a population of 45,000, which has increased by 3.3% over the past 5 years. Hayesville, OR is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,000 | 3.3% |
% Under 18 | 28.2% | -2.1% |
% Seniors | 12.0% | -8.4% |
% WFH | 7.7% | 126.5% |
% w/ College Degree | 16.4% | 13.1% |
As of the latest ACS Survey released in 2023, Hayesville, OR is a predominantly hispanic area, with 44.2% of the population identifying as hispanic. The hispanic population has grown by 8.3% in the last 5 years. The second most common race or ethnicity in Hayesville, OR is white, making up 43.5% of the population. Foreign-born residents account for 22.6% of the population in Hayesville, OR, and this percentage has increased by 15.9% 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 | 43.5% | -7.8% |
% Black | 1.2% | -58.6% |
% Hispanic | 44.2% | 8.3% |
% Asian | 3.0% | -18.9% |
% Foreign Born | 22.6% | 15.9% |
Mortgage and Risk — Hayesville, OR
According to HUD data as of 2023, there were 521 mortgage originations in Hayesville, OR, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Hayesville, OR. Investor activity is low, as 1.0% 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 | 521 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Hayesville, OR
As of 2024, the percent of homes in Hayesville, OR under the Section 8 program is 6.8%. 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 Hayesville, OR, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 558 |
Total Units Section 8 | 485 |
% Rentals under Section 8 | 6.8% |
% Occupied Section 8 | 84.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,200 | $1,230 |
| 2 Bedroom | $190 | $1,400 | $1,590 |
| 3 Bedroom | $10 | $2,200 | $2,210 |
| 4 Bedroom | -$400 | $2,800 | $2,400 |
Affordability — Hayesville, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $418,000 |
| Median Household Income | $64,600 |