97385 — Marion County, Oregon Market Snapshot
Housing market data for zip code 97385 in Marion County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$602,475
Days to Sell
48
Homes Sold
14
Inventory
29
Sale-to-List
99.4%
New Listings
25
Price/SqFt
$289
Pending Sales
18
Conforming Loan Available
Most homebuyers in 97385 can comfortably use conventional financing. The median home price of $602,475 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
97385's market is balanced with homes taking an average of 48 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 97385 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 97385 can comfortably use conventional financing. The median home price of $602,475 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 97385 are set at the county level.
2026 Loan Limits — Marion 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 97385
To purchase the median home at $602,475 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,766.
Monthly Payment
$4,766
Income Required
$204,256
Principal & Interest
$3,712/mo
Down Payment (5%)
$30,124
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 97385.
Estimated Monthly Payment
$3,879
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