97383 — Linn County, Oregon Market Snapshot
Housing market data for zip code 97383 in Linn County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
23 sales in 2026 (year to date)
Median Sale Price
$408,000
Days to Sell
57
Homes Sold
23
Inventory
20
Sale-to-List
99.1%
New Listings
36
Price/SqFt
$311
Pending Sales
31
Conforming Loan Available
Most homebuyers in 97383 can comfortably use conventional financing. The median home price of $408,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
97383's market is balanced with homes taking an average of 57 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 97383 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 97383 can comfortably use conventional financing. The median home price of $408,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 97383 are set at the county level.
2026 Loan Limits — Linn County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 97383
To purchase the median home at $408,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,276.
Monthly Payment
$3,276
Income Required
$140,399
Principal & Interest
$2,514/mo
Down Payment (5%)
$20,400
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 97383.
Estimated Monthly Payment
$2,675
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