Vale, OR97918

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$333,000
3.0% YoY Growth
Median Household Income
$57,600
33.6% 5-Year Growth
Days on Market
79
32.0% Shorter than last year
Home Price Forecast
2.5%
Median Rent
$590
0.0% YoY Growth
1-Bed Rent
$590
0.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Vale, OR

As of Oct '25, Realtor.com reports that the median days on market for a home in Vale, OR is 79. This is a decrease of -32.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$318,000-1.0%
Listing Count
22110.0%
Listings as % of Homes0.4%110.0%
Days on Market
79-32.0%
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Demographics — Vale, OR

As of the latest ACS Survey released in 2023, Vale, OR has a population of 4,360, which has increased by 5.2% over the past 5 years. Vale, OR is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,3605.2%
% Under 18
27.8%3.3%
% Seniors
19.7%4.2%
% WFH
4.3%-47.6%
% w/ College Degree
20.1%28.0%
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As of the latest ACS Survey released in 2023, Vale, OR is a predominantly white area, with 83.5% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Vale, OR is hispanic, making up 13.9% of the population. Foreign-born residents account for 5.6% of the population in Vale, OR, and this percentage has increased by 60.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.5%2.3%
% Black
0.0%N/A
% Hispanic
13.9%-15.2%
% Asian
0.9%-40.0%
% Foreign Born
5.6%60.0%
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Mortgage and Risk — Vale, OR

According to HUD data as of 2023, there were 53 mortgage originations in Vale, OR, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Vale, OR. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
53
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Vale, OR

Vale, OR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
12
Total Units Section 8
12
% Rentals under Section 8
N/A
% Occupied Section 8
93.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$230$590$820
2 BedroomN/AN/A$960
3 BedroomN/AN/A$1,350
4 BedroomN/AN/A$1,610

Affordability — Vale, OR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.4
Median Home Price$333,000
Median Household Income$57,600

Vale, OR — ZIP Code Boundary Map

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Frequently Asked Questions