Siletz, OR—97380
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Siletz, OR
As of Oct '25, the median home price in Siletz, OR is $436,000, with a year-over-year change of -2.5%. This indicates that home prices in Siletz, OR are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | -2.6% |
| Single Family | $436,000 | -2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $444,000 | -1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Siletz, OR
Siletz, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Siletz, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Siletz, OR is 112. This is a decrease of -21.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $672,000 | 13.0% |
Listing Count | 10 | 125.0% |
| Listings as % of Homes | 0.5% | 125.0% |
Days on Market | 112 | -21.0% |
Demographics — Siletz, OR
As of the latest ACS Survey released in 2023, Siletz, OR has a population of 2,120, which has decreased by -27.1% over the past 5 years. Siletz, OR is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,120 | -27.1% |
% Under 18 | 21.5% | -17.0% |
% Seniors | 18.7% | 6.9% |
% WFH | 11.2% | 72.3% |
% w/ College Degree | 15.7% | 44.0% |
As of the latest ACS Survey released in 2023, Siletz, OR is a predominantly white area, with 65.6% of the population identifying as white. The white population has grown by 6.3% in the last 5 years. The second most common race or ethnicity in Siletz, OR is hispanic, making up 8.7% of the population. Foreign-born residents account for 0.5% of the population in Siletz, OR, and this percentage has decreased by 66.7% 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 | 65.6% | 6.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 8.7% | 81.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -66.7% |
Mortgage and Risk — Siletz, OR
According to HUD data as of 2023, there were 49 mortgage originations in Siletz, OR, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Siletz, OR. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Siletz, OR
Siletz, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% 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 | N/A | N/A | $1,110 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | N/A | N/A | $2,040 |
| 4 Bedroom | N/A | N/A | $2,450 |
Affordability — Siletz, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $436,000 |
| Median Household Income | $58,300 |