Powell Butte, OR—97753
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Powell Butte, OR
As of Oct '25, the median home price in Powell Butte, OR is $1,025,000, with a year-over-year change of -3.2%. This indicates that home prices in Powell Butte, OR are decreasing. 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 | $1,025,000 | -3.2% |
| Single Family | $1,028,000 | -3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $665,000 | -4.5% |
3 Bed | $1,002,000 | -3.6% |
4 Bed | $1,202,000 | -4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Powell Butte, OR
Powell Butte, 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 — Powell Butte, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Powell Butte, OR is 146. This is a increase of 81.0% 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 | $1,440,000 | -4.0% |
Listing Count | 66 | 27.0% |
| Listings as % of Homes | 2.3% | 27.0% |
Days on Market | 146 | 81.0% |
Demographics — Powell Butte, OR
As of the latest ACS Survey released in 2023, Powell Butte, OR has a population of 3,040, which has increased by 27.9% over the past 5 years. Powell Butte, OR is a less popular place for families, as children make up 10.0% of the population. The area has a moderately educated workforce, with 30.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,040 | 27.9% |
% Under 18 | 10.0% | -18.0% |
% Seniors | 43.3% | 42.0% |
% WFH | 17.9% | 59.8% |
% w/ College Degree | 30.1% | -0.7% |
As of the latest ACS Survey released in 2023, Powell Butte, OR is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Powell Butte, OR is hispanic, making up 1.7% of the population. Foreign-born residents account for 2.5% of the population in Powell Butte, OR, and this percentage has increased by 257.1% 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 | 93.6% | -4.8% |
% Black | 1.2% | ∞% |
% Hispanic | 1.7% | 325.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.5% | 257.1% |
Mortgage and Risk — Powell Butte, OR
According to HUD data as of 2023, there were 118 mortgage originations in Powell Butte, OR, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Powell Butte, OR. Investor activity is low, as 2.0% 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 | 118 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Powell Butte, OR
Powell Butte, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | N/A | N/A | $1,440 |
| 3 Bedroom | N/A | N/A | $2,020 |
| 4 Bedroom | N/A | N/A | $2,420 |
Affordability — Powell Butte, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $1,025,000 |
| Median Household Income | $128,000 |