Ontario, OR—97914
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ontario, OR
As of Oct '25, the median home price in Ontario, OR is $299,000, with a year-over-year change of 0.6%. This indicates that home prices in Ontario, OR are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $299,000 | 0.6% |
| Single Family | $299,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $153,000 | -6.7% |
2 Bed | $227,000 | -1.3% |
3 Bed | $292,000 | 0.3% |
4 Bed | $344,000 | 0.6% |
| 5 Bed | $380,000 | -0.5% |
% of Housing Stock
Rental Trends — Ontario, OR
As of July '25, Rentcast reports the average rent in Ontario, OR is $1,360, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Ontario, OR is 1-bedrooms: $1,180, 2-bedrooms: $1,320, 3-bedrooms: $1,500. The most common rental property sizes in Ontario, OR are 2-bedroom and 3-bedroom, accounting for 41.1% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,360 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,180 |
| 2 Bed Rent | $1,550 | $1,320 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ontario, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Ontario, OR is 89. This is a decrease of -24.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $366,000 | 8.0% |
Listing Count | 100 | 7.0% |
| Listings as % of Homes | 0.7% | 7.0% |
Days on Market | 89 | -24.0% |
Demographics — Ontario, OR
As of the latest ACS Survey released in 2023, Ontario, OR has a population of 19,900, which has increased by 3.5% over the past 5 years. Ontario, OR is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | 3.5% |
% Under 18 | 21.5% | -4.9% |
% Seniors | 16.6% | 3.8% |
% WFH | 10.0% | 170.3% |
% w/ College Degree | 14.6% | 13.2% |
As of the latest ACS Survey released in 2023, Ontario, OR is a predominantly white area, with 57.3% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Ontario, OR is hispanic, making up 35.4% of the population. Foreign-born residents account for 7.2% of the population in Ontario, OR, and this percentage has decreased by 32.1% 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 | 57.3% | -2.1% |
% Black | 1.6% | -5.9% |
% Hispanic | 35.4% | 1.7% |
% Asian | 1.8% | 20.0% |
% Foreign Born | 7.2% | -32.1% |
Mortgage and Risk — Ontario, OR
According to HUD data as of 2023, there were 203 mortgage originations in Ontario, OR, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Ontario, OR. Investor activity is low, as 1.0% 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 | 203 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Ontario, OR
Ontario, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 471 |
Total Units Section 8 | 431 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 92.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $1,150 | $820 |
| 2 Bedroom | -$590 | $1,550 | $960 |
| 3 Bedroom | -$150 | $1,500 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Ontario, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $299,000 |
| Median Household Income | $48,400 |