Sweet Home, OR—97386
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sweet Home, OR
Home Price Trends — Sweet Home, OR
As of Oct '25, the median home price in Sweet Home, OR is $349,000, with a year-over-year change of 1.4%. This indicates that home prices in Sweet Home, OR are increasing. 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 | $349,000 | 1.4% |
| Single Family | $349,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $220,000 | 0.9% |
2 Bed | $269,000 | 0.4% |
3 Bed | $363,000 | 1.4% |
4 Bed | $430,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sweet Home, OR
As of July '25, Rentcast reports the average rent in Sweet Home, OR is $1,670, with a year-over-year rent change of 0.6%. Per bedroom, the median rent as of July '25 in Sweet Home, OR is 1-bedrooms: $1,050, 2-bedrooms: $1,480, 3-bedrooms: $2,130. The most common rental property sizes in Sweet Home, OR are 2-bedroom and 3-bedroom, accounting for 37.6% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,670 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,050 |
| 2 Bed Rent | $1,500 | $1,480 |
| 3 Bed Rent | $1,950 | $2,130 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sweet Home, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Sweet Home, OR is 79. This is a increase of 5.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | -1.0% |
Listing Count | 94 | 13.0% |
| Listings as % of Homes | 1.1% | 13.0% |
Days on Market | 79 | 5.0% |
Demographics — Sweet Home, OR
As of the latest ACS Survey released in 2023, Sweet Home, OR has a population of 15,500, which has increased by 9.8% over the past 5 years. Sweet Home, OR is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | 9.8% |
% Under 18 | 19.4% | -19.8% |
% Seniors | 21.4% | 1.4% |
% WFH | 7.9% | 61.2% |
% w/ College Degree | 10.9% | 31.3% |
As of the latest ACS Survey released in 2023, Sweet Home, OR is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Sweet Home, OR is hispanic, making up 5.2% of the population. Foreign-born residents account for 2.4% of the population in Sweet Home, OR, and this percentage has increased by 50.0% 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 | 85.7% | -5.8% |
% Black | 0.8% | 300.0% |
% Hispanic | 5.2% | 4.0% |
% Asian | 1.1% | 266.7% |
% Foreign Born | 2.4% | 50.0% |
Mortgage and Risk — Sweet Home, OR
According to HUD data as of 2023, there were 310 mortgage originations in Sweet Home, OR, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Sweet Home, OR. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 310 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Sweet Home, OR
Sweet Home, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 233 |
Total Units Section 8 | 233 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,100 | $1,120 |
| 2 Bedroom | -$140 | $1,500 | $1,360 |
| 3 Bedroom | -$130 | $1,950 | $1,820 |
| 4 Bedroom | N/A | N/A | $2,140 |
Affordability — Sweet Home, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $349,000 |
| Median Household Income | $68,100 |