US5.com
  1. Home
  2. States
  3. Oregon
  4. ZIP 97411
  5. Housing & Real Estate
Bandon city, OR

ZIP 97411 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97411

Median Home Value
$425,800
Median Rent
$784
Affordability Snapshot
$117,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,735/mo PITI).

19%
Rent-to-Income Ratio

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

8.8x
Home Price-to-Income Ratio

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

45.3 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 97411 in Bandon city, OR, a household would need roughly $117,000 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 $2,735. That is about 141% above the local median household income ($48,476), 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

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.1%+12% vs US avg
x
Vacancy Rate
13.3%+29% vs US avg
x
Broadband Access
85.1%-2% vs US avg
x
4+ Bedrooms
4.2%-71% vs US avg
x
Built Pre-1939
2.0%-84% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
26.4%-47% vs US avg
x
Mortgage-Free
54.8%+43% vs US avg
x
$425,800
Home Value
$784
Rent
1989
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached69.6%
  • 1-unit attached1.0%
  • 2-9 units4.3%
  • 10+ units8.9%
  • Mobile home & other16.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$425,800
Median rent$784
Owner-occupied73.1%
Vacant13.3%
Price-to-income8.8x
Est. income to buy$117,000