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Gladstone city, OR

ZIP 97027 — 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 97027

Median Home Value
$464,700
Median Rent
$1,596
Affordability Snapshot
$128,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,985/mo PITI).

21%
Rent-to-Income Ratio

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

5.1x
Home Price-to-Income Ratio

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

24.3 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 97027 in Gladstone city, OR, a household would need roughly $128,000 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 $2,985. That is about 39% above the local median household income ($91,957), 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
64.3%-2% vs US avg
x
Vacancy Rate
1.1%-90% vs US avg
x
Broadband Access
89.5%+3% vs US avg
x
4+ Bedrooms
5.8%-60% vs US avg
x
Built Pre-1939
4.2%-67% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
23.8%-52% vs US avg
x
Mortgage-Free
25.6%-33% vs US avg
x
$464,700
Home Value
$1,596
Rent
1975
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 detached64.8%
  • 1-unit attached3.8%
  • 2-9 units12.1%
  • 10+ units12.9%
  • Mobile home & other6.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$464,700
Median rent$1,596
Owner-occupied64.3%
Vacant1.1%
Price-to-income5.1x
Est. income to buy$128,000