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Cherry Grove CDP, OR

ZIP 97119 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97119

Median Home Value
$590,600
Median Rent
$1,073
Affordability Snapshot
$163,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,794/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

45.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 97119 in Cherry Grove CDP, OR, a household would need roughly $163,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,794. That is about 38% above the local median household income ($118,056), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
89.8%+37% vs US avg
x
Vacancy Rate
3.5%-67% vs US avg
x
Broadband Access
97.7%+12% vs US avg
x
4+ Bedrooms
7.7%-48% vs US avg
x
Built Pre-1939
4.5%-65% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
10.2%-80% vs US avg
x
Mortgage-Free
31.7%-17% vs US avg
x
$590,600
Home Value
$1,073
Rent
1974
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached84.8%
  • 1-unit attached0.8%
  • 2-9 units0.7%
  • 10+ units0.6%
  • Mobile home & other13.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$590,600
Median rent$1,073
Owner-occupied89.8%
Vacant3.5%
Price-to-income5.0x
Est. income to buy$163,000