Central Point, OR—97502
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Central Point, OR
As of Oct '25, the median home price in Central Point, OR is $416,000, with a year-over-year change of 0.7%. This indicates that home prices in Central Point, OR are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $416,000 | 0.7% |
| Single Family | $416,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $290,000 | 1.4% |
2 Bed | $332,000 | 0.3% |
3 Bed | $410,000 | 0.7% |
4 Bed | $544,000 | 1.1% |
| 5 Bed | $660,000 | 1.5% |
% of Housing Stock
Rental Trends — Central Point, OR
As of July '25, Rentcast reports the average rent in Central Point, OR is $1,860, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Central Point, OR is studios: $1,160, 1-bedrooms: $1,170, 2-bedrooms: $1,690, 3-bedrooms: $2,280. The most common rental property sizes in Central Point, OR are 3-bedroom and 2-bedroom, accounting for 40.9% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $1,860 |
| Studio Rent | $1,160 | $1,160 |
| 1 Bed Rent | $1,080 | $1,170 |
| 2 Bed Rent | $1,400 | $1,690 |
| 3 Bed Rent | $2,180 | $2,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Central Point, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Central Point, OR is 64. This is a decrease of -2.0% 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 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 | $489,000 | 7.0% |
Listing Count | 101 | -2.0% |
| Listings as % of Homes | 0.5% | -2.0% |
Days on Market | 64 | -2.0% |
Demographics — Central Point, OR
As of the latest ACS Survey released in 2023, Central Point, OR has a population of 29,600, which has increased by 4.5% over the past 5 years. Central Point, OR is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,600 | 4.5% |
% Under 18 | 22.0% | -6.8% |
% Seniors | 20.9% | 3.0% |
% WFH | 9.1% | 44.4% |
% w/ College Degree | 20.9% | 2.0% |
As of the latest ACS Survey released in 2023, Central Point, OR is a predominantly white area, with 77.5% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Central Point, OR is hispanic, making up 13.8% of the population. Foreign-born residents account for 5.2% of the population in Central Point, OR, and this percentage has increased by 67.7% 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 | 77.5% | -8.8% |
% Black | 0.3% | 50.0% |
% Hispanic | 13.8% | 39.4% |
% Asian | 1.0% | 11.1% |
% Foreign Born | 5.2% | 67.7% |
Mortgage and Risk — Central Point, OR
According to HUD data as of 2023, there were 552 mortgage originations in Central Point, OR, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Central Point, OR. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 552 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Central Point, OR
Central Point, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 317 |
Total Units Section 8 | 254 |
% Rentals under Section 8 | 7.7% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,080 | $1,220 |
| 2 Bedroom | $160 | $1,400 | $1,560 |
| 3 Bedroom | $10 | $2,180 | $2,190 |
| 4 Bedroom | N/A | N/A | $2,580 |
Affordability — Central Point, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $416,000 |
| Median Household Income | $79,100 |