97305 — Marion County, Oregon Market Snapshot
Housing market data for zip code 97305 in Marion County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
74 sales in 2026 (year to date)
Median Sale Price
$420,000
Days to Sell
51
Homes Sold
74
Inventory
91
Sale-to-List
99.2%
New Listings
102
Price/SqFt
$268
Pending Sales
89
Conforming Loan Available
Most homebuyers in 97305 can comfortably use conventional financing. The median home price of $420,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
97305's market is balanced with homes taking an average of 51 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 97305 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 97305 can comfortably use conventional financing. The median home price of $420,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 97305 are set at the county level.
2026 Loan Limits — Marion County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 97305
To purchase the median home at $420,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,368.
Monthly Payment
$3,368
Income Required
$144,339
Principal & Interest
$2,588/mo
Down Payment (5%)
$21,000
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 97305.
Estimated Monthly Payment
$2,749
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 97305. Tell us what you're looking for.