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Silverton city, OR

ZIP 97381 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97381

Median Home Value
$497,700
Median Rent
$1,222
Affordability Snapshot
$137,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,197/mo PITI).

17%
Rent-to-Income Ratio

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

5.9x
Home Price-to-Income Ratio

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

33.9 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 97381 in Silverton city, OR, a household would need roughly $137,000 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 $3,197. That is about 63% above the local median household income ($84,077), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.5%+3% vs US avg
x
Vacancy Rate
3.4%-67% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
4.2%-71% vs US avg
x
Built Pre-1939
3.8%-71% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
33.8%-32% vs US avg
x
Mortgage-Free
39.5%+4% vs US avg
x
$497,700
Home Value
$1,222
Rent
1981
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached75.1%
  • 1-unit attached3.6%
  • 2-9 units9.1%
  • 10+ units6.2%
  • Mobile home & other6.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$497,700
Median rent$1,222
Owner-occupied67.5%
Vacant3.4%
Price-to-income5.9x
Est. income to buy$137,000