Shady Cove, OR—97539
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shady Cove, OR
As of Oct '25, the median home price in Shady Cove, OR is $411,000, with a year-over-year change of -0.6%. This indicates that home prices in Shady Cove, OR are flat. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $411,000 | -0.6% |
| Single Family | $414,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $316,000 | -2.8% |
3 Bed | $424,000 | -0.9% |
4 Bed | $566,000 | -0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shady Cove, OR
As of July '25, Rentcast reports the average rent in Shady Cove, OR is $1,350, with a year-over-year rent change of -50.9%. Per bedroom, the median rent as of July '25 in Shady Cove, OR is 2-bedrooms: $1,350. The most common rental property sizes in Shady Cove, OR are 2-bedroom and 1-bedroom, accounting for 62.8% and 37.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shady Cove, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Shady Cove, OR is 80. This is a decrease of -15.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $574,000 | -3.0% |
Listing Count | 24 | -15.0% |
| Listings as % of Homes | 0.9% | -15.0% |
Days on Market | 80 | -15.0% |
Demographics — Shady Cove, OR
As of the latest ACS Survey released in 2023, Shady Cove, OR has a population of 3,350, which has increased by 1.1% over the past 5 years. Shady Cove, OR is a moderately popular place for families, as children make up 15.5% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,350 | 1.1% |
% Under 18 | 15.5% | 14.0% |
% Seniors | 35.1% | 21.9% |
% WFH | 24.9% | 47.3% |
% w/ College Degree | 17.1% | -16.2% |
As of the latest ACS Survey released in 2023, Shady Cove, OR is a predominantly white area, with 79.2% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Shady Cove, OR is hispanic, making up 6.3% of the population. Foreign-born residents account for 2.1% of the population in Shady Cove, OR, and this percentage has increased by 200.0% 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 | 79.2% | -10.7% |
% Black | 2.5% | 38.9% |
% Hispanic | 6.3% | -21.3% |
% Asian | 1.1% | ∞% |
% Foreign Born | 2.1% | 200.0% |
Mortgage and Risk — Shady Cove, OR
According to HUD data as of 2023, there were 78 mortgage originations in Shady Cove, OR, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Shady Cove, OR. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Shady Cove, OR
Shady Cove, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,270 |
| 2 Bedroom | $270 | $1,350 | $1,620 |
| 3 Bedroom | N/A | N/A | $2,270 |
| 4 Bedroom | N/A | N/A | $2,670 |
Affordability — Shady Cove, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.1 |
| Median Home Price | $411,000 |
| Median Household Income | $45,800 |