Real Estate Investing in Eagle Point, Oregon (97524)
Should you buy in 97524 (Eagle Point, OR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Eagle Point, OR (97524)?
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Market Analysis: 97524 Eagle Point
Investors eyeing 97524 need to respect the fundamentals at play. Home values of $476K come alongside slower price movement and elevated management overhead.
Rent of $2,498/mo on a $476K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 97524 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 97524 among OR's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 97524 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 97524 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Eagle Point:
Property Strategy for 97524
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $366,963 | $1,230 | 2.4% | +2.7% | $366,963 |
| 2BR | $407,444 | $1,530 | 2.7% | +3.5% | $203,722 |
| 3BR | $449,232 | $2,130 | 3.4% | +4.9% | $149,744 |
| 4BR | $572,372 | $2,510 | 3.2% | +5.0% | $143,093 |
| 5BR | $651,584 | — | — | +5.0% | $130,317 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97524 Compare?
| Metric | 97524 | Eagle Point | Medford, OR | Oregon |
|---|---|---|---|---|
| Home Value | $476,165 | $476,165 | N/A | $493,884 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 4.9% |
| Avg Rent | $2,498 | $2,498 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97524 (Eagle Point, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $476,165 |
| Monthly Rent | $2,498 |
| Price-to-Rent | 15.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 97524
Population: 15,072
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 97524
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Should investors consider Eagle Point, OR?
The 3.0/5 investability rating in Eagle Point, OR reflects its $476K prices and $2,498/mo rents. Investors generally consider it a solid option within OR.
How high is vacancy risk in Eagle Point, OR?
Vacancy risk in Eagle Point, OR is elevated. That supports measured cash flow for typical rental holds.
How much should I expect to pay for a home in Eagle Point, OR?
Typical homes in Eagle Point, OR go for around $476K. The 5-year CAGR of 0.0% consistent price movement.
Which real estate strategy fits Eagle Point, OR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Eagle Point, OR. The numbers - $476K homes against $2,498/mo rents - support that play.
Are rents high in Eagle Point, OR?
Eagle Point, OR rentals go for roughly $2,498/mo a month. That puts gross yield in solid territory relative to $476K acquisition costs.
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