The story of this market
The typical home in ZIP 97329 sells for about $495,000, or $265 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 97329 — Cascadia
The housing market in 97329 remains stable with low inventory and moderate price appreciation. Demand is driven by buyers seeking rural lifestyle properties, though high interest rates have tempered transaction volume compared to previous years.
This ZIP is ideal for outdoor enthusiasts, retirees, and families seeking a quiet, rural lifestyle with proximity to lake recreation and mountain access.
Median prices moved up 2.4% year over year.
Homes spend a median of 72 days on market with 7.3 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 9.2% — 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 11.6%/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 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97329, Linn 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.
Crime rates in the Foster area are generally low, consistent with rural Linn County trends and significantly below state urban averages.
Schools serving the area are part of the Sweet Home School District, which generally maintains moderate performance ratings.
The area faces moderate wildfire risk typical of the Cascade foothills and requires standard flood insurance considerations for properties near the South Santiam River.
Economic momentum is primarily driven by timber, agriculture, and outdoor recreation, with limited large-scale industrial development.
Property taxes are assessed by Linn County based on real market value, with rates determined by local school district and municipal levies.
Commutes are primarily car-dependent, with residents typically driving 30-45 minutes to reach employment hubs in Lebanon or Albany.
The area is a gateway to outdoor recreation, featuring proximity to Foster Lake, Green Peter Reservoir, and extensive forest trails for hiking and fishing.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available.
The local economy is anchored by natural resource industries, including timber and agriculture, with secondary support from tourism and recreation.
Transportation is dominated by private vehicle use along Highway 20, with no significant public transit infrastructure.
Development is constrained by rural zoning and environmental protections, with no major urban-scale projects currently approved.
Linn County Assessor maintains property valuations based on annual market analysis and state-mandated reappraisal cycles.
Parcels are subject to Sweet Home School District levies and various rural fire protection district assessments.
Property insurance premiums are influenced by wildfire risk mapping and proximity to fire protection services.
Oregon has seen steady net domestic migration, though rural areas like Linn County experience more moderate growth compared to the Portland metro.
Oregon is primarily a non-judicial foreclosure state, requiring specific notice periods and mediation opportunities for homeowners.
Sellers are required to provide a comprehensive property disclosure statement covering material defects and known issues.
Data retrieved from Census Bureau ZCTA-level tables.
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.
Popular destination for boating, fishing, and swimming.
Provides camping and day-use facilities on the lake shore.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.