Oakridge, OR—97463
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakridge, OR
As of Oct '25, the median home price in Oakridge, OR is $283,000, with a year-over-year change of 2.0%. This indicates that home prices in Oakridge, OR are increasing. 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 | $283,000 | 2.0% |
| Single Family | $283,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 1.7% |
3 Bed | $302,000 | 1.7% |
4 Bed | $339,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oakridge, OR
As of July '25, Rentcast reports the average rent in Oakridge, OR is $950, with a year-over-year rent change of -12.0%. Per bedroom, the median rent as of July '25 in Oakridge, OR is 1-bedrooms: $883, 2-bedrooms: $1,000, 3-bedrooms: $1,100. The most common rental property sizes in Oakridge, OR are 2-bedroom and 3-bedroom, accounting for 44.9% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $883 |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oakridge, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakridge, OR is 106. This is a increase of 12.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $313,000 | -6.0% |
Listing Count | 33 | 35.0% |
| Listings as % of Homes | 1.1% | 35.0% |
Days on Market | 106 | 12.0% |
Demographics — Oakridge, OR
As of the latest ACS Survey released in 2023, Oakridge, OR has a population of 3,820, which has decreased by -1.2% over the past 5 years. Oakridge, OR is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,820 | -1.2% |
% Under 18 | 21.7% | 51.7% |
% Seniors | 22.4% | -19.7% |
% WFH | 14.5% | 22.9% |
% w/ College Degree | 18.5% | 31.2% |
As of the latest ACS Survey released in 2023, Oakridge, OR is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Oakridge, OR is hispanic, making up 5.3% of the population. Foreign-born residents account for 0.4% of the population in Oakridge, OR, and this percentage has decreased by 78.9% 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 | 89.2% | -0.1% |
% Black | 0.0% | N/A |
% Hispanic | 5.3% | 71.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -78.9% |
Mortgage and Risk — Oakridge, OR
According to HUD data as of 2023, there were 83 mortgage originations in Oakridge, OR, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Oakridge, OR. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Oakridge, OR
Oakridge, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 61 |
Total Units Section 8 | 61 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 98.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $900 | $960 |
| 2 Bedroom | $260 | $1,000 | $1,260 |
| 3 Bedroom | $680 | $1,100 | $1,780 |
| 4 Bedroom | N/A | N/A | $2,140 |
Affordability — Oakridge, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.5 |
| Median Home Price | $283,000 |
| Median Household Income | $36,900 |