Keizer, OR—97303
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Keizer, OR
As of Oct '25, the median home price in Keizer, OR is $446,000, with a year-over-year change of -0.9%. This indicates that home prices in Keizer, OR are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $446,000 | -0.9% |
| Single Family | $447,000 | -0.9% |
| Condos | $383,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $366,000 | -0.3% |
3 Bed | $432,000 | -0.9% |
4 Bed | $514,000 | -0.6% |
| 5 Bed | $563,000 | 0.0% |
% of Housing Stock
Rental Trends — Keizer, OR
As of July '25, Rentcast reports the average rent in Keizer, OR is $1,640, with a year-over-year rent change of 3.1%. Per bedroom, the median rent as of July '25 in Keizer, OR is 1-bedrooms: $1,250, 2-bedrooms: $1,510, 3-bedrooms: $2,230, 4-bedrooms: $2,600. The most common rental property sizes in Keizer, OR are 2-bedroom and 3-bedroom, accounting for 60.1% and 20.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $1,550 | $1,510 |
| 3 Bed Rent | $2,200 | $2,230 |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Keizer, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Keizer, OR is 48. 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $481,000 | 0.0% |
Listing Count | 127 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 48 | 10.0% |
Demographics — Keizer, OR
As of the latest ACS Survey released in 2023, Keizer, OR has a population of 40,900, which has remained stable by 0.6% over the past 5 years. Keizer, OR is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,900 | 0.6% |
% Under 18 | 24.4% | -2.4% |
% Seniors | 18.2% | 19.7% |
% WFH | 14.4% | 144.1% |
% w/ College Degree | 27.0% | 5.5% |
As of the latest ACS Survey released in 2023, Keizer, OR is a predominantly white area, with 67.2% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Keizer, OR is hispanic, making up 24.8% of the population. Foreign-born residents account for 9.8% of the population in Keizer, OR, and this percentage has increased by 4.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.2% | -5.8% |
% Black | 0.7% | 133.3% |
% Hispanic | 24.8% | 13.2% |
% Asian | 1.3% | 8.3% |
% Foreign Born | 9.8% | 4.3% |
Mortgage and Risk — Keizer, OR
According to HUD data as of 2023, there were 586 mortgage originations in Keizer, OR, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Keizer, OR. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 586 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Keizer, OR
As of 2024, the percent of homes in Keizer, OR under the Section 8 program is 7.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Keizer, OR, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 477 |
Total Units Section 8 | 474 |
% Rentals under Section 8 | 7.9% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $1,250 | $1,140 |
| 2 Bedroom | -$80 | $1,550 | $1,470 |
| 3 Bedroom | -$150 | $2,200 | $2,050 |
| 4 Bedroom | -$380 | $2,600 | $2,220 |
Affordability — Keizer, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $446,000 |
| Median Household Income | $81,100 |