North Bend, OR 97449 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

North Bend, OR—97449

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$317,000

0.8% YoY Growth

Household Income

$56,000

36.8% YoY Growth

Days on Market

22.0% Shorter YoY

Home Price Forecast

-1.2%

Median Rent

$1,100

N/A

1-Bed Rent

$1,100

N/A

2-Bed Rent

N/A

3-Bed Rent

$3,500

N/A

Home Price Trends — North Bend, OR

As of May '26, the median home price in North Bend, OR is $317,000, with a year-over-year change of -0.8%. This indicates that home prices in North Bend, OR are flat. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$317,000	-0.8%
Single Family	$317,000	-1.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Bend, OR

North Bend, OR lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,100	$2,300
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,100
2 Bed Rent	N/A	N/A
3 Bed Rent	$3,500	$3,500
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

26.0%

2 Bedrooms

18.8%

3 Bedrooms

52.1%

4 Bedrooms

3.1%

Property Listings — North Bend, OR

As of May '26, Realtor.com reports that the median days on market for a home in North Bend, OR is 80. This is a decrease of -22.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$349,000	-32.0%
Listing Count	35	33.0%
Listings as % of Homes	0.5%	33.0%
Days on Market	80	-22.0%

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Demographics — North Bend, OR

As of the latest ACS Survey released in 2023, North Bend, OR has a population of 2,200, which has increased by 6.1% over the past 5 years. North Bend, OR is a less popular place for families, as children make up 9.5% of the population. The area has a poorly educated workforce, with 16.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,200	6.1%
% Under 18	9.5%	-12.0%
% Seniors	40.6%	-1.0%
% WFH	2.8%	-84.0%
% w/ College Degree	16.6%	27.7%

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As of the latest ACS Survey released in 2023, North Bend, OR is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in North Bend, OR is hispanic, making up 4.6% of the population. Foreign-born residents account for 2.2% of the population in North Bend, OR, and this percentage has decreased by 67.6% 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	86.2%	-6.0%
% Black	0.0%	-100.0%
% Hispanic	4.6%	1,050.0%
% Asian	0.0%	-100.0%
% Foreign Born	2.2%	-67.6%

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Mortgage and Risk — North Bend, OR

According to HUD data as of 2023, there were 27 mortgage originations in North Bend, OR, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in North Bend, OR. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	27
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	0.0%
% Second Loans	15.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — North Bend, OR

North Bend, OR 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	-$260	$1,100	$840
2 Bedroom	N/A	N/A	$1,090
3 Bedroom	-$1,980	$3,500	$1,520
4 Bedroom	N/A	N/A	$1,830

North Bend, OR—97449

Key Metrics at a Glance

Home Price Trends — North Bend, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Bend, OR

% of Rental Stock

Property Listings — North Bend, OR

Demographics — North Bend, OR

Race and Ethnicity

Mortgage and Risk — North Bend, OR

Mortgages

Rentals and Section 8 — North Bend, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — North Bend, OR

Home Price to Income Ratio

North Bend, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hauser, OR

Gardiner, OR

Coos Bay, OR

Scottsburg, OR

Reedsport, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.6
Median Home Price	$317,000
Median Household Income	$56,000

North Bend, OR—97449

Key Metrics at a Glance

Home Price Trends — North Bend, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Bend, OR

% of Rental Stock

Property Listings — North Bend, OR

Demographics — North Bend, OR

Race and Ethnicity

Mortgage and Risk — North Bend, OR

Mortgages

Rentals and Section 8 — North Bend, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — North Bend, OR

Home Price to Income Ratio

North Bend, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hauser, OR

Gardiner, OR

Coos Bay, OR

Scottsburg, OR

Reedsport, OR

Frequently Asked Questions

What is the average home price in North Bend, OR 97449?

How have home prices in North Bend, OR 97449 changed over the past year?

What is the home price projection for North Bend, OR 97449?

What are the demographics of North Bend, OR 97449?

How long does it take homes to sell in North Bend, OR 97449?

What is the average rent price in North Bend, OR 97449?