The story of this market
The typical home in ZIP 97842 sells for about $414,254, or $215 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 97842 — Imnaha
The Imnaha housing market is a low-volume, rural market characterized by high-acreage properties and limited inventory. Data for specific metrics like price cuts and sale-to-list ratios are not published at the ZIP level, reflecting the sparse nature of real estate transactions in this remote area.
This ZIP is best suited for outdoor enthusiasts, retirees, or those seeking remote, rural living, as it lacks proximity to major employment centers or urban amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 120 days on market with 18.0 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 12.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 97842, Wallowa 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 is subject to wildfire risk common to the Wallowa Mountains region and requires specialized property insurance coverage.
Economic activity is primarily driven by agriculture, forestry, and seasonal tourism related to the Imnaha River and Hells Canyon recreation areas.
Property taxes are assessed by Wallowa County based on real market value; there are no special MUD or PID districts reported for this rural area.
The area is a gateway to the Hells Canyon National Recreation Area, offering extensive opportunities for hiking, fishing, and wilderness exploration.
The rental market is extremely limited, consisting primarily of seasonal or long-term rural housing with very low turnover.
The local economy is heavily reliant on natural resources, ranching, and tourism.
Property insurance availability is constrained by high wildfire risk in the Wallowa Mountain region.
Data retrieved from data.census.gov ZCTA 97842 profile.
A massive protected area offering deep canyon views and extensive outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.