Milton Freewater, OR—97813
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Milton Freewater, OR
Home Price Trends — Milton Freewater, OR
As of Oct '25, the median home price in Milton Freewater, OR is $283,000, with a year-over-year change of 7.0%. This indicates that home prices in Milton Freewater, OR are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 7.1% |
| Single Family | $283,000 | 6.0% |
| 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 | $285,000 | 5.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milton Freewater, OR
As of July '25, Rentcast reports the average rent in Milton Freewater, OR is $930, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Milton Freewater, OR is 1-bedrooms: $930. The most common rental property sizes in Milton Freewater, OR are 2-bedroom and 1-bedroom, accounting for 45.9% and 21.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $930 |
| 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 — Milton Freewater, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Milton Freewater, OR is 202. This is a increase of 144.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $359,000 | 63.0% |
Listing Count | 5 | 189.0% |
| Listings as % of Homes | 1.0% | 189.0% |
Days on Market | 202 | 144.0% |
Demographics — Milton Freewater, OR
As of the latest ACS Survey released in 2023, Milton Freewater, OR has a population of 1,370, which has decreased by -6.0% over the past 5 years. Milton Freewater, OR is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,370 | -6.0% |
% Under 18 | 21.4% | -11.9% |
% Seniors | 11.4% | -47.5% |
% WFH | 15.7% | 214.0% |
% w/ College Degree | 31.9% | 38.1% |
As of the latest ACS Survey released in 2023, Milton Freewater, OR is a predominantly white area, with 91.9% of the population identifying as white. The white population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Milton Freewater, OR is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.5% of the population in Milton Freewater, OR, and this percentage has increased by 400.0% 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 | 91.9% | 3.4% |
% Black | 1.8% | 200.0% |
% Hispanic | 2.2% | 57.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | 400.0% |
Mortgage and Risk — Milton Freewater, OR
According to HUD data as of 2023, there were 45 mortgage originations in Milton Freewater, OR, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Milton Freewater, OR. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Milton Freewater, OR
Milton Freewater, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 7 |
% 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 | -$140 | $900 | $760 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Milton Freewater, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $283,000 |
| Median Household Income | $73,700 |