Heppner, OR—97836
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Heppner, OR
As of Oct '25, the median home price in Heppner, OR is $244,000, with a year-over-year change of 3.4%. This indicates that home prices in Heppner, OR are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $244,000 | 3.4% |
| Single Family | $244,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $190,000 | 1.6% |
3 Bed | $253,000 | 2.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Heppner, OR
Heppner, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Heppner, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Heppner, OR is 48. This is a decrease of -15.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -33.0% |
Listing Count | 19 | 29.0% |
| Listings as % of Homes | 0.6% | 29.0% |
Days on Market | 48 | -15.0% |
Demographics — Heppner, OR
As of the latest ACS Survey released in 2023, Heppner, OR has a population of 2,280, which has increased by 23.7% over the past 5 years. Heppner, OR is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 11.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,280 | 23.7% |
% Under 18 | 25.6% | 24.9% |
% Seniors | 21.1% | 1.9% |
% WFH | 15.9% | 63.9% |
% w/ College Degree | 11.7% | -38.4% |
As of the latest ACS Survey released in 2023, Heppner, OR is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Heppner, OR is hispanic, making up 7.5% of the population. Foreign-born residents account for 1.4% of the population in Heppner, OR, and this percentage has decreased by 17.6% 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 | 85.1% | -3.5% |
% Black | 0.4% | -20.0% |
% Hispanic | 7.5% | -13.8% |
% Asian | 0.1% | -75.0% |
% Foreign Born | 1.4% | -17.6% |
Mortgage and Risk — Heppner, OR
According to HUD data as of 2023, there were 38 mortgage originations in Heppner, OR, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Heppner, OR. Investor activity is low, as 3.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Heppner, OR
Heppner, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% 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 | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Heppner, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $244,000 |
| Median Household Income | $75,300 |