Wolf Creek, OR—97497
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wolf Creek, OR
As of Oct '25, the median home price in Wolf Creek, OR is $327,000, with a year-over-year change of -3.4%. This indicates that home prices in Wolf Creek, OR are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $327,000 | -3.4% |
| Single Family | $327,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wolf Creek, OR
Wolf Creek, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wolf Creek, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Wolf Creek, OR is 194. This is a increase of 103.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $625,000 | -41.0% |
Listing Count | 15 | 105.0% |
| Listings as % of Homes | 1.4% | 105.0% |
Days on Market | 194 | 103.0% |
Demographics — Wolf Creek, OR
As of the latest ACS Survey released in 2023, Wolf Creek, OR has a population of 1,170, which has decreased by -24.9% over the past 5 years. Wolf Creek, OR is a less popular place for families, as children make up 13.1% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,170 | -24.9% |
% Under 18 | 13.1% | -37.0% |
% Seniors | 30.6% | 8.9% |
% WFH | 17.2% | 60.7% |
% w/ College Degree | 17.8% | 25.4% |
As of the latest ACS Survey released in 2023, Wolf Creek, OR is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Wolf Creek, OR is hispanic, making up 2.8% of the population. Foreign-born residents account for 2.0% of the population in Wolf Creek, OR, and this percentage has increased by Inf% 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 | 87.5% | -5.1% |
% Black | 2.5% | ∞% |
% Hispanic | 2.8% | -61.1% |
% Asian | 1.2% | ∞% |
% Foreign Born | 2.0% | ∞% |
Mortgage and Risk — Wolf Creek, OR
According to HUD data as of 2023, there were 23 mortgage originations in Wolf Creek, OR, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Wolf Creek, OR. Investor activity is low, as 4.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Wolf Creek, OR
Wolf Creek, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | N/A | N/A | $1,780 |
| 4 Bedroom | N/A | N/A | $2,130 |
Affordability — Wolf Creek, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.2 |
| Median Home Price | $327,000 |
| Median Household Income | $36,900 |