Eagle Point, OR—97524
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eagle Point, OR
As of Oct '25, the median home price in Eagle Point, OR is $466,000, with a year-over-year change of -0.7%. This indicates that home prices in Eagle Point, OR are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $466,000 | -0.7% |
| Single Family | $467,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $367,000 | 0.3% |
2 Bed | $407,000 | -1.7% |
3 Bed | $449,000 | -0.9% |
4 Bed | $572,000 | -0.5% |
| 5 Bed | $652,000 | 0.5% |
% of Housing Stock
Rental Trends — Eagle Point, OR
As of July '25, Rentcast reports the average rent in Eagle Point, OR is $2,030, with a year-over-year rent change of -14.0%. Per bedroom, the median rent as of July '25 in Eagle Point, OR is 1-bedrooms: $1,220, 2-bedrooms: $1,400, 3-bedrooms: $2,260, 4-bedrooms: $1,800. The most common rental property sizes in Eagle Point, OR are 3-bedroom and 2-bedroom, accounting for 39.1% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,220 | $1,220 |
| 2 Bed Rent | $1,200 | $1,400 |
| 3 Bed Rent | $2,250 | $2,260 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Eagle Point, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Eagle Point, OR is 79. This is a increase of 5.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $570,000 | -4.0% |
Listing Count | 135 | 53.0% |
| Listings as % of Homes | 1.0% | 53.0% |
Days on Market | 79 | 5.0% |
Demographics — Eagle Point, OR
As of the latest ACS Survey released in 2023, Eagle Point, OR has a population of 15,100, which has increased by 1.9% over the past 5 years. Eagle Point, OR is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 20.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,100 | 1.9% |
% Under 18 | 22.2% | 8.8% |
% Seniors | 25.5% | 15.9% |
% WFH | 7.8% | 0.0% |
% w/ College Degree | 20.8% | 13.7% |
As of the latest ACS Survey released in 2023, Eagle Point, OR is a predominantly white area, with 84.4% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Eagle Point, OR is hispanic, making up 9.9% of the population. Foreign-born residents account for 4.5% of the population in Eagle Point, OR, and this percentage has increased by 150.0% 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 | 84.4% | -5.9% |
% Black | 0.7% | 250.0% |
% Hispanic | 9.9% | 28.6% |
% Asian | 0.4% | ∞% |
% Foreign Born | 4.5% | 150.0% |
Mortgage and Risk — Eagle Point, OR
According to HUD data as of 2023, there were 290 mortgage originations in Eagle Point, OR, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Eagle Point, OR. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 290 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Eagle Point, OR
As of 2024, the percent of homes in Eagle Point, OR under the Section 8 program is 9.1%. 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. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Eagle Point, OR, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 117 |
Total Units Section 8 | 117 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 84.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,220 | $1,210 |
| 2 Bedroom | $350 | $1,200 | $1,550 |
| 3 Bedroom | -$80 | $2,250 | $2,170 |
| 4 Bedroom | $760 | $1,800 | $2,560 |
Affordability — Eagle Point, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $466,000 |
| Median Household Income | $81,900 |