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  4. /Fairview, OR - 97024

Fairview, OR—97024

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$477,000
1.3% YoY Growth
Household Income
$71,600
17.8% YoY Growth
Days on Market
42
10.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
$1,500
2.8% YoY Growth
1-Bed Rent
$1,450
4.0% YoY Growth
2-Bed Rent
$1,550
10.4% YoY Growth
3-Bed Rent
$2,400
3.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fairview, OR

As of May '26, the median home price in Fairview, OR is $477,000, with a year-over-year change of -1.3%. This indicates that home prices in Fairview, OR are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$477,000-1.3%
Single Family $480,000-1.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$368,000-1.6%
    3 Bed
    		$470,000-1.3%
    4 Bed
    		$589,000-1.5%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.0%
    1 Bedroom
    18.8%
    2 Bedrooms
    29.5%
    3 Bedrooms
    40.6%
    4 Bedrooms
    9.1%

    Rental Trends — Fairview, OR

    As of July '25, Rentcast reports the average rent in Fairview, OR is $1,810, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Fairview, OR is studios: $1,340, 1-bedrooms: $1,450, 2-bedrooms: $1,640, 3-bedrooms: $2,390. The most common rental property sizes in Fairview, OR are 2-bedroom and 1-bedroom, accounting for 45.6% and 32.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,810
    Studio Rent $1,340$1,340
    1 Bed Rent $1,450$1,450
    2 Bed Rent $1,550$1,640
    3 Bed Rent $2,400$2,390
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    3.9%
    1 Bedroom
    32.9%
    2 Bedrooms
    45.6%
    3 Bedrooms
    16.6%
    4 Bedrooms
    1.0%

    Property Listings — Fairview, OR

    As of May '26, Realtor.com reports that the median days on market for a home in Fairview, OR is 42. This is a increase of 10.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$465,000-1.0%
    Listing Count
    		3130.0%
    Listings as % of Homes0.3%30.0%
    Days on Market
    		4210.0%
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    Demographics — Fairview, OR

    As of the latest ACS Survey released in 2023, Fairview, OR has a population of 11,700, which has increased by 12.7% over the past 5 years. Fairview, OR is a moderately popular place for families, as children make up 16.3% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		11,70012.7%
    % Under 18
    		16.3%-18.1%
    % Seniors
    		14.8%7.2%
    % WFH
    		14.4%700.0%
    % w/ College Degree
    		23.2%0.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Fairview, OR is a predominantly white area, with 48.4% of the population identifying as white. The white population has shrunk by 34.1% in the last 5 years. The second most common race or ethnicity in Fairview, OR is hispanic, making up 27.2% of the population. Foreign-born residents account for 15.8% of the population in Fairview, OR, and this percentage has increased by 36.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		48.4%-34.1%
    % Black
    		12.0%207.7%
    % Hispanic
    		27.2%82.6%
    % Asian
    		1.3%-58.1%
    % Foreign Born
    		15.8%36.2%
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    Mortgage and Risk — Fairview, OR

    According to HUD data as of 2023, there were 124 mortgage originations in Fairview, OR, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Fairview, OR. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		124
    % Conventional Loans
    		80.0%
    % Government Loans
    		20.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Fairview, OR

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

    Section 8 Market Size

    Total Units under HUD
    		231
    Total Units Section 8
    		231
    % Rentals under Section 8
    		8.8%
    % Occupied Section 8
    		84.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$200$1,450$1,650
    2 Bedroom$330$1,550$1,880
    3 Bedroom$180$2,400$2,580
    4 BedroomN/AN/A$3,030

    Affordability — Fairview, OR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.6
    Median Home Price$477,000
    Median Household Income$71,600

    Fairview, OR — ZIP Code Boundary Map

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    Frequently Asked Questions