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Damascus CDP, OR

ZIP 97089 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97089

Median Home Value
$616,800
Median Rent
$2,175
Affordability Snapshot
$170,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,962/mo PITI).

23%
Rent-to-Income Ratio

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

5.4x
Home Price-to-Income Ratio

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

23.6 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 97089 in Damascus CDP, OR, a household would need roughly $170,000 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 $3,962. That is about 48% above the local median household income ($114,516), 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
92.9%+42% vs US avg
x
Vacancy Rate
1.8%-82% vs US avg
x
Broadband Access
94.7%+9% vs US avg
x
4+ Bedrooms
8.7%-41% vs US avg
x
Built Pre-1939
2.4%-81% vs US avg
x
Built Post-2014
0.9%-86% vs US avg
x
Rent Burden >30%
31.0%-38% vs US avg
x
Mortgage-Free
29.3%-23% vs US avg
x
$616,800
Home Value
$2,175
Rent
1981
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 detached86.2%
  • 1-unit attached9.1%
  • 2-9 units0.4%
  • 10+ units0.3%
  • Mobile home & other4.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$616,800
Median rent$2,175
Owner-occupied92.9%
Vacant1.8%
Price-to-income5.4x
Est. income to buy$170,000