Creswell, OR—97426
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Creswell, OR
As of Oct '25, the median home price in Creswell, OR is $460,000, with a year-over-year change of 0.7%. This indicates that home prices in Creswell, OR are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $460,000 | 0.7% |
| Single Family | $460,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $385,000 | 1.6% |
3 Bed | $448,000 | 0.2% |
4 Bed | $565,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Creswell, OR
As of July '25, Rentcast reports the average rent in Creswell, OR is $1,190, with a year-over-year rent change of -34.6%. Per bedroom, the median rent as of July '25 in Creswell, OR is studios: $842, 2-bedrooms: $1,390, 3-bedrooms: $2,000. The most common rental property sizes in Creswell, OR are 2-bedroom and 3-bedroom, accounting for 38.9% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $1,190 |
| Studio Rent | $895 | $842 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,390 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Creswell, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Creswell, OR is 69. This is a increase of 16.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $568,000 | 16.0% |
Listing Count | 33 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 69 | 16.0% |
Demographics — Creswell, OR
As of the latest ACS Survey released in 2023, Creswell, OR has a population of 10,400, which has increased by 7.8% over the past 5 years. Creswell, OR is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | 7.8% |
% Under 18 | 22.4% | -8.2% |
% Seniors | 17.5% | -10.7% |
% WFH | 13.7% | 144.6% |
% w/ College Degree | 27.3% | 30.0% |
As of the latest ACS Survey released in 2023, Creswell, OR is a predominantly white area, with 88.1% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Creswell, OR is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.4% of the population in Creswell, OR, and this percentage has decreased by 61.1% 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 | 88.1% | 2.4% |
% Black | 0.2% | -50.0% |
% Hispanic | 2.9% | -42.0% |
% Asian | 1.1% | 266.7% |
% Foreign Born | 1.4% | -61.1% |
Mortgage and Risk — Creswell, OR
According to HUD data as of 2023, there were 180 mortgage originations in Creswell, OR, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Creswell, OR. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 180 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Creswell, OR
Creswell, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 66 |
Total Units Section 8 | 30 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | $230 | $1,350 | $1,580 |
| 3 Bedroom | $210 | $2,000 | $2,210 |
| 4 Bedroom | N/A | N/A | $2,650 |
Affordability — Creswell, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $460,000 |
| Median Household Income | $87,500 |