Sandy, OR—97055
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sandy, OR
As of Oct '25, the median home price in Sandy, OR is $510,000, with a year-over-year change of 0.4%. This indicates that home prices in Sandy, OR are flat. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $510,000 | 0.4% |
| Single Family | $512,000 | 0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $442,000 | 1.4% |
3 Bed | $481,000 | 0.0% |
4 Bed | $584,000 | 1.0% |
| 5 Bed | $718,000 | 1.1% |
% of Housing Stock
Rental Trends — Sandy, OR
As of July '25, Rentcast reports the average rent in Sandy, OR is $2,190, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Sandy, OR is studios: $1,560, 2-bedrooms: $1,620, 3-bedrooms: $2,910, 4-bedrooms: $3,300. The most common rental property sizes in Sandy, OR are 3-bedroom and 1-bedroom, accounting for 40.5% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,780 | $2,190 |
| Studio Rent | $1,560 | $1,560 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,650 | $1,620 |
| 3 Bed Rent | $2,600 | $2,910 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — Sandy, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Sandy, OR is 67. This is a increase of 24.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $648,000 | -1.0% |
Listing Count | 114 | 22.0% |
| Listings as % of Homes | 0.9% | 22.0% |
Days on Market | 67 | 24.0% |
Demographics — Sandy, OR
As of the latest ACS Survey released in 2023, Sandy, OR has a population of 20,100, which has increased by 9.5% over the past 5 years. Sandy, OR is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,100 | 9.5% |
% Under 18 | 21.1% | -10.2% |
% Seniors | 16.1% | 8.1% |
% WFH | 11.8% | 73.5% |
% w/ College Degree | 26.4% | 36.8% |
As of the latest ACS Survey released in 2023, Sandy, OR is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Sandy, OR is hispanic, making up 4.9% of the population. Foreign-born residents account for 4.0% of the population in Sandy, OR, and this percentage has decreased by 23.1% 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 | 86.9% | -1.7% |
% Black | 0.2% | -60.0% |
% Hispanic | 4.9% | -32.9% |
% Asian | 1.3% | 225.0% |
% Foreign Born | 4.0% | -23.1% |
Mortgage and Risk — Sandy, OR
According to HUD data as of 2023, there were 352 mortgage originations in Sandy, OR, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Sandy, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 352 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Sandy, OR
Sandy, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 73 |
Total Units Section 8 | 65 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,660 |
| 2 Bedroom | $240 | $1,650 | $1,890 |
| 3 Bedroom | -$10 | $2,600 | $2,590 |
| 4 Bedroom | -$260 | $3,300 | $3,040 |
Affordability — Sandy, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $510,000 |
| Median Household Income | $106,000 |