La Pine, OR—97739
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in La Pine, OR
Home Price Trends — La Pine, OR
As of Oct '25, the median home price in La Pine, OR is $404,000, with a year-over-year change of -1.3%. This indicates that home prices in La Pine, OR are decreasing. 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 | $404,000 | -1.3% |
| Single Family | $404,000 | -1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $281,000 | -1.1% |
2 Bed | $357,000 | -0.8% |
3 Bed | $452,000 | -1.3% |
4 Bed | $532,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Pine, OR
As of July '25, Rentcast reports the average rent in La Pine, OR is $1,840, with a year-over-year rent change of -15.2%. Per bedroom, the median rent as of July '25 in La Pine, OR is studios: $675, 1-bedrooms: $1,490, 2-bedrooms: $1,720, 3-bedrooms: $2,120. The most common rental property sizes in La Pine, OR are 3-bedroom and 2-bedroom, accounting for 39.3% and 21.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,840 |
| Studio Rent | $675 | $675 |
| 1 Bed Rent | $1,450 | $1,490 |
| 2 Bed Rent | $1,550 | $1,720 |
| 3 Bed Rent | $2,100 | $2,120 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — La Pine, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in La Pine, OR is 117. This is a increase of 6.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $521,000 | -5.0% |
Listing Count | 156 | 4.0% |
| Listings as % of Homes | 1.3% | 4.0% |
Days on Market | 117 | 6.0% |
Demographics — La Pine, OR
As of the latest ACS Survey released in 2023, La Pine, OR has a population of 13,200, which has increased by 8.9% over the past 5 years. La Pine, OR is a less popular place for families, as children make up 13.8% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,200 | 8.9% |
% Under 18 | 13.8% | 1.5% |
% Seniors | 27.9% | -7.0% |
% WFH | 15.5% | 98.7% |
% w/ College Degree | 17.2% | 70.3% |
As of the latest ACS Survey released in 2023, La Pine, OR is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in La Pine, OR is hispanic, making up 4.7% of the population. Foreign-born residents account for 1.7% of the population in La Pine, OR, and this percentage has decreased by 45.2% 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 | 91.2% | -1.4% |
% Black | 0.1% | -80.0% |
% Hispanic | 4.7% | -16.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.7% | -45.2% |
Mortgage and Risk — La Pine, OR
According to HUD data as of 2023, there were 515 mortgage originations in La Pine, OR, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in La Pine, OR. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 515 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — La Pine, OR
La Pine, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 92 |
Total Units Section 8 | 92 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,450 | $1,160 |
| 2 Bedroom | -$80 | $1,550 | $1,470 |
| 3 Bedroom | -$40 | $2,100 | $2,060 |
| 4 Bedroom | N/A | N/A | $2,480 |
Affordability — La Pine, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $404,000 |
| Median Household Income | $56,300 |