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Vale city, OR

ZIP 97918 — 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 97918

Median Home Value
$240,900
Median Rent
$648
Affordability Snapshot
$66,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,547/mo PITI).

13%
Rent-to-Income Ratio

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

4.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

31.0 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 97918 in Vale city, OR, a household would need roughly $66,000 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 $1,547. That is roughly in line with the local median household income ($57,647). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
68.8%+5% vs US avg
x
Vacancy Rate
12.4%+21% vs US avg
x
Broadband Access
89.2%+3% vs US avg
x
4+ Bedrooms
2.0%-87% vs US avg
x
Built Pre-1939
14.7%+15% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
21.9%-56% vs US avg
x
Mortgage-Free
44.4%+16% vs US avg
x
$240,900
Home Value
$648
Rent
1972
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 detached65.6%
  • 1-unit attached0.8%
  • 2-9 units6.1%
  • 10+ units5.6%
  • Mobile home & other21.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$240,900
Median rent$648
Owner-occupied68.8%
Vacant12.4%
Price-to-income4.2x
Est. income to buy$66,000