The story of this market
The typical home in ZIP 97050 sells for about $346,000, or $215 per square foot.
Prices are roughly flat from a year ago (+1%), a market in balance. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,398 a month.
ZIP 97050 — Rufus
The housing market in 97050 remains stable with low inventory and modest price growth. Demand is driven by local residents and those seeking rural, river-adjacent living, though limited economic growth keeps the market from rapid appreciation.
This ZIP is best suited for outdoor enthusiasts, retirees, or those seeking a quiet, rural lifestyle with proximity to river recreation.
Median prices moved up 1.0% year over year.
Homes spend a median of 69 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 11.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 97050, Sherman County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area faces wildfire risks common to the Pacific Northwest and potential flood exposure near the Columbia River.
Economic momentum is modest, driven by regional agriculture and tourism, with limited large-scale industrial development.
Property taxes are assessed by Sherman County based on real market value; there are no local income taxes, but state-level income tax applies.
Commuting is primarily via I-84, with limited public transit options available for reaching major employment hubs.
The area offers immediate access to the Columbia River for water sports, fishing, and scenic outdoor recreation.
The rental market is characterized by low inventory and stable demand, with limited new multi-family construction.
The local economy is primarily supported by agriculture, wind energy production, and tourism along the Columbia River corridor.
Transportation is heavily reliant on private vehicles via the I-84 corridor, which serves as the primary artery for the region.
Development is currently limited, with no major large-scale commercial or residential projects reported.
Sherman County Assessor manages property valuations based on annual market assessments.
Parcels are subject to local school district levies and county-wide emergency service district taxes.
Property insurance premiums are influenced by regional wildfire risk and proximity to the Columbia River flood zone.
Oregon is a judicial and non-judicial foreclosure state with specific notice and redemption requirements.
Sellers are required to provide a property disclosure statement covering material defects at the time of sale.
Data retrieved from data.census.gov ZCTA 97050 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major regional attraction for fishing and boating.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.