North Bend, OR—97449
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Bend, OR
As of Nov '25, the median home price in North Bend, OR is $307,000, with a year-over-year change of 0.0%. This indicates that home prices in North Bend, 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 | $307,000 | 0.0% |
| Single Family | $307,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $287,000 | -1.0% |
3 Bed | $365,000 | 0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Bend, OR
North Bend, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,500 | $3,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — North Bend, OR
As of Nov '25, Realtor.com reports that the median days on market for a home in North Bend, OR is 57. This is a decrease of -49.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $470,000 | 16.0% |
Listing Count | 24 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 57 | -49.0% |
Demographics — North Bend, OR
As of the latest ACS Survey released in 2023, North Bend, OR has a population of 2,200, which has increased by 6.1% over the past 5 years. North Bend, OR is a less popular place for families, as children make up 9.5% of the population. The area has a poorly educated workforce, with 16.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,200 | 6.1% |
% Under 18 | 9.5% | -12.0% |
% Seniors | 40.6% | -1.0% |
% WFH | 2.8% | -84.0% |
% w/ College Degree | 16.6% | 27.7% |
As of the latest ACS Survey released in 2023, North Bend, OR is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in North Bend, OR is hispanic, making up 4.6% of the population. Foreign-born residents account for 2.2% of the population in North Bend, OR, and this percentage has decreased by 67.6% 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 | 86.2% | -6.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.6% | 1,050.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.2% | -67.6% |
Mortgage and Risk — North Bend, OR
According to HUD data as of 2023, there were 27 mortgage originations in North Bend, OR, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in North Bend, OR. Investor activity is low, as 0.0% 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 | 27 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — North Bend, OR
North Bend, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,100 | $840 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | -$1,980 | $3,500 | $1,520 |
| 4 Bedroom | N/A | N/A | $1,830 |
Affordability — North Bend, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $307,000 |
| Median Household Income | $56,000 |