97702 — Deschutes County, Oregon Market Snapshot
Housing market data for zip code 97702 in Deschutes County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
21 sales in 2026 (year to date)
Median Sale Price
$779,000
Days to Sell
77
Homes Sold
21
Inventory
40
Sale-to-List
98.1%
New Listings
47
Price/SqFt
$416
Pending Sales
25
Conforming Loan Available
The median home in 97702 at $779,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
With homes sitting for 77 days on average, 97702 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 97702 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 97702 at $779,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 97702 are set at the county level.
2026 Loan Limits — Deschutes County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $718,750 |
| 2 Units | $1,066,250 | $920,150 |
| 3 Units | $1,288,800 | $1,112,250 |
| 4 Units | $1,601,750 | $1,382,250 |
Affordability Snapshot — Zip 97702
To purchase the median home at $779,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,118.
Monthly Payment
$6,118
Income Required
$262,219
Principal & Interest
$4,800/mo
Down Payment (5%)
$38,950
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 97702.
Estimated Monthly Payment
$4,971
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