Myrtle Creek, OR 97457 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Myrtle Creek, OR—97457

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$289,000

0.4% YoY Growth

Household Income

$53,500

15.4% YoY Growth

Days on Market

150

8.0% Shorter YoY

Home Price Forecast

0.9%

Median Rent

$1,100

4.6% YoY Growth

1-Bed Rent

$850

7.3% YoY Growth

2-Bed Rent

$1,100

8.9% YoY Growth

3-Bed Rent

$1,600

N/A

Home Price Trends — Myrtle Creek, OR

As of Dec '25, the median home price in Myrtle Creek, OR is $289,000, with a year-over-year change of 0.4%. This indicates that home prices in Myrtle Creek, OR are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$289,000	0.4%
Single Family	$289,000	0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Myrtle Creek, OR

As of July '25, Rentcast reports the average rent in Myrtle Creek, OR is $1,360, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Myrtle Creek, OR is 1-bedrooms: $788, 2-bedrooms: $1,100, 3-bedrooms: $1,980, 4-bedrooms: $2,450. The most common rental property sizes in Myrtle Creek, OR are 3-bedroom and 2-bedroom, accounting for 40.5% and 33.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,360
Studio Rent	N/A	N/A
1 Bed Rent	$850	$788
2 Bed Rent	$1,100	$1,100
3 Bed Rent	$1,600	$1,980
4 Bed Rent	$2,450	$2,450

Loading chart...

% of Rental Stock

Studio

3.0%

1 Bedroom

15.3%

2 Bedrooms

33.3%

3 Bedrooms

40.5%

4 Bedrooms

4.0%

5+ Bedrooms

4.0%

Property Listings — Myrtle Creek, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Myrtle Creek, OR is 131. This is a decrease of -4.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$399,000	-3.0%
Listing Count	47	0.0%
Listings as % of Homes	1.0%	0.0%
Days on Market	150	-8.0%

Loading chart...

Demographics — Myrtle Creek, OR

As of the latest ACS Survey released in 2023, Myrtle Creek, OR has a population of 10,200, which has remained stable by -0.3% over the past 5 years. Myrtle Creek, OR is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 10.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,200	-0.3%
% Under 18	18.5%	-7.0%
% Seniors	27.2%	11.9%
% WFH	9.3%	86.0%
% w/ College Degree	10.6%	24.7%

Loading chart...

As of the latest ACS Survey released in 2023, Myrtle Creek, OR is a predominantly white area, with 86.7% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Myrtle Creek, OR is hispanic, making up 5.9% of the population. Foreign-born residents account for 2.2% of the population in Myrtle Creek, OR, and this percentage has increased by 83.3% 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	86.7%	-1.1%
% Black	0.0%	-100.0%
% Hispanic	5.9%	118.5%
% Asian	0.5%	-16.7%
% Foreign Born	2.2%	83.3%

Loading chart...

Mortgage and Risk — Myrtle Creek, OR

According to HUD data as of 2023, there were 151 mortgage originations in Myrtle Creek, OR, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Myrtle Creek, OR. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	151
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

Loading chart...

Rentals and Section 8 — Myrtle Creek, OR

Myrtle Creek, OR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	106
Total Units Section 8	42
% Rentals under Section 8	N/A
% Occupied Section 8	92.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$10	$850	$860
2 Bedroom	$30	$1,100	$1,130
3 Bedroom	-$20	$1,600	$1,580
4 Bedroom	-$550	$2,450	$1,900

Myrtle Creek, OR—97457

Key Metrics at a Glance

Home Price Trends — Myrtle Creek, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Myrtle Creek, OR

% of Rental Stock

Property Listings — Myrtle Creek, OR

Demographics — Myrtle Creek, OR

Race and Ethnicity

Mortgage and Risk — Myrtle Creek, OR

Mortgages

Rentals and Section 8 — Myrtle Creek, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Myrtle Creek, OR

Home Price to Income Ratio

Myrtle Creek, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Canyonville, OR

Roseburg, OR

Milo, OR

Dillard

Riddle, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$289,000
Median Household Income	$53,500

Myrtle Creek, OR—97457

Key Metrics at a Glance

Home Price Trends — Myrtle Creek, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Myrtle Creek, OR

% of Rental Stock

Property Listings — Myrtle Creek, OR

Demographics — Myrtle Creek, OR

Race and Ethnicity

Mortgage and Risk — Myrtle Creek, OR

Mortgages

Rentals and Section 8 — Myrtle Creek, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Myrtle Creek, OR

Home Price to Income Ratio

Myrtle Creek, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Canyonville, OR

Roseburg, OR

Milo, OR

Dillard

Riddle, OR

Frequently Asked Questions

What is the average home price in Myrtle Creek, OR 97457?

How have home prices in Myrtle Creek, OR 97457 changed over the past year?

What is the home price projection for Myrtle Creek, OR 97457?

What are the demographics of Myrtle Creek, OR 97457?

How long does it take homes to sell in Myrtle Creek, OR 97457?

What is the average rent price in Myrtle Creek, OR 97457?