Reedsport, OR—97467
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reedsport, OR
As of Oct '25, the median home price in Reedsport, OR is $315,000, with a year-over-year change of -0.6%. This indicates that home prices in Reedsport, OR are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $315,000 | -0.6% |
| Single Family | $318,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $248,000 | -2.7% |
3 Bed | $342,000 | 0.0% |
4 Bed | $397,000 | 0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Reedsport, OR
As of July '25, Rentcast reports the average rent in Reedsport, OR is $1,400, with a year-over-year rent change of 22.8%. Per bedroom, the median rent as of July '25 in Reedsport, OR is 1-bedrooms: $1,450, 2-bedrooms: $1,240, 3-bedrooms: $1,570. The most common rental property sizes in Reedsport, OR are 2-bedroom and 1-bedroom, accounting for 45.9% and 39.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,450 |
| 2 Bed Rent | $1,150 | $1,240 |
| 3 Bed Rent | $1,500 | $1,570 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Reedsport, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Reedsport, OR is 104. 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $391,000 | -6.0% |
Listing Count | 26 | -29.0% |
| Listings as % of Homes | 0.7% | -29.0% |
Days on Market | 104 | 12.0% |
Demographics — Reedsport, OR
As of the latest ACS Survey released in 2023, Reedsport, OR has a population of 5,300, which has increased by 6.4% over the past 5 years. Reedsport, OR is a less popular place for families, as children make up 11.5% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,300 | 6.4% |
% Under 18 | 11.5% | -36.5% |
% Seniors | 37.9% | 33.5% |
% WFH | 10.4% | -27.8% |
% w/ College Degree | 13.9% | 17.8% |
As of the latest ACS Survey released in 2023, Reedsport, OR is a predominantly white area, with 89.4% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Reedsport, OR is hispanic, making up 3.5% of the population. Foreign-born residents account for 1.3% of the population in Reedsport, OR, and this percentage has decreased by 56.7% 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 | 89.4% | 1.2% |
% Black | 0.4% | -42.9% |
% Hispanic | 3.5% | -30.0% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 1.3% | -56.7% |
Mortgage and Risk — Reedsport, OR
According to HUD data as of 2023, there were 92 mortgage originations in Reedsport, OR, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Reedsport, OR. Investor activity is low, as 2.0% 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 | 92 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Reedsport, OR
Reedsport, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 150 |
Total Units Section 8 | 74 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$680 | $1,450 | $770 |
| 2 Bedroom | -$140 | $1,150 | $1,010 |
| 3 Bedroom | -$70 | $1,500 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Reedsport, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $315,000 |
| Median Household Income | $58,300 |