The story of this market
The typical home in ZIP 97707 sells for about $785,000, or $385 per square foot.
Prices are down 7.05% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,200 a month.
ZIP 97707 — Sunriver
The 97707 housing market is experiencing a period of price correction and stabilization, with a median listing price of $785,000. High interest rates and limited inventory are creating a challenging environment for buyers, while the prevalence of vacation properties keeps the market distinct from the broader Bend residential sector.
This ZIP is ideal for retirees, vacation-home buyers, and outdoor enthusiasts who prioritize lifestyle amenities over proximity to urban employment centers.
Median prices moved down 7.0% year over year.
Homes spend a median of 45 days on market with 6.2 months of supply — a balanced-paced market.
15% 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 3.8% · poverty 6.2% — 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 9.4%/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 6.9%/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 97707, Deschutes 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 97707 area are generally low, reflecting the quiet, resort-oriented nature of the Sunriver community compared to the more urbanized sections of Bend.
Schools serving the area are part of the Bend-La Pine Schools district, which generally maintains solid performance ratings and serves a smaller student population in this specific ZIP.
The area faces significant wildfire risk common to Central Oregon's high desert environment, necessitating proactive forest management and fire-resistant building practices.
Growth is primarily driven by tourism, outdoor recreation, and the expansion of the broader Bend economy, with limited new residential development due to land-use constraints.
Property taxes are assessed by Deschutes County based on real market value, with rates influenced by local school district levies and special service districts for fire and water.
Commuting to Bend's employment core typically involves a 20-30 minute drive north via US-97, as there is no direct public transit link.
The area is a premier destination for outdoor recreation, featuring extensive bike paths, the Deschutes River for water sports, and proximity to the Sunriver Resort and golf courses.
The rental market is heavily influenced by short-term vacation rentals due to the area's resort status, which creates tight supply for long-term residents.
The local economy is anchored by tourism, hospitality, and service industries, with many residents commuting to Bend for professional and healthcare roles.
Transportation is almost exclusively car-dependent, with US-97 serving as the primary arterial route connecting the area to the rest of Deschutes County.
Development is strictly managed by local zoning and resort-community covenants, limiting large-scale new construction projects.
Parcels are subject to special assessments for the Sunriver Service District, which provides police, fire, and emergency services.
Insurance premiums are rising due to increased wildfire risk in the high-desert interface, with some carriers limiting new policy issuance.
Data retrieved from data.census.gov ZCTA 97707 profile.
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.
Major destination featuring multiple golf courses and recreational facilities.
Provides extensive opportunities for kayaking, fishing, and floating.
Sunriver Homeowners Aquatic & Recreation Center serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.