Irrigon, OR—97844
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Irrigon, OR
As of Oct '25, the median home price in Irrigon, OR is $313,000, with a year-over-year change of 2.1%. This indicates that home prices in Irrigon, OR are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $313,000 | 2.1% |
| Single Family | $313,000 | 2.0% |
| 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 | $325,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Irrigon, OR
Irrigon, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Irrigon, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Irrigon, OR is 99. This is a increase of 123.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $305,000 | -36.0% |
Listing Count | 8 | 59.0% |
| Listings as % of Homes | 0.5% | 59.0% |
Days on Market | 99 | 123.0% |
Demographics — Irrigon, OR
As of the latest ACS Survey released in 2023, Irrigon, OR has a population of 3,570, which has decreased by -15.4% over the past 5 years. Irrigon, OR is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 8.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,570 | -15.4% |
% Under 18 | 27.5% | -11.3% |
% Seniors | 20.4% | 35.1% |
% WFH | 3.1% | -38.0% |
% w/ College Degree | 8.7% | 7.4% |
As of the latest ACS Survey released in 2023, Irrigon, OR is a predominantly white area, with 65.2% of the population identifying as white. The white population has grown by 8.7% in the last 5 years. The second most common race or ethnicity in Irrigon, OR is hispanic, making up 30.7% of the population. Foreign-born residents account for 9.7% of the population in Irrigon, OR, and this percentage has decreased by 34.5% 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 | 65.2% | 8.7% |
% Black | 1.4% | 250.0% |
% Hispanic | 30.7% | -8.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 9.7% | -34.5% |
Mortgage and Risk — Irrigon, OR
According to HUD data as of 2023, there were 59 mortgage originations in Irrigon, OR, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Irrigon, OR. Investor activity is low, as 2.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Irrigon, OR
Irrigon, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $840 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | -$80 | $1,500 | $1,420 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Irrigon, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $313,000 |
| Median Household Income | $73,900 |