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Dundee city, OR

ZIP 97115 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97115

Median Home Value
$498,400
Median Rent
$953
Affordability Snapshot
$137,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,202/mo PITI).

10%
Rent-to-Income Ratio

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

4.4x
Home Price-to-Income Ratio

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

43.6 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 97115 in Dundee 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 $3,202. That is about 20% above the local median household income ($114,107), 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
86.5%+32% vs US avg
x
Vacancy Rate
6.8%-34% vs US avg
x
Broadband Access
92.4%+6% vs US avg
x
4+ Bedrooms
3.9%-73% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.7%-72% vs US avg
x
Mortgage-Free
29.7%-22% vs US avg
x
$498,400
Home Value
$953
Rent
1992
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached88.6%
  • 1-unit attached3.7%
  • 2-9 units1.7%
  • 10+ units1.0%
  • Mobile home & other5.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$498,400
Median rent$953
Owner-occupied86.5%
Vacant6.8%
Price-to-income4.4x
Est. income to buy$137,000