The story of this market
The typical home in ZIP 97759 sells for about $832,000, or $378 per square foot.
Prices are down 6.7% from a year ago, which gives buyers more room to negotiate. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,200 a month.
ZIP 97759 — Sisters
The 97759 housing market is currently experiencing a period of stabilization, with high listing prices balanced by a moderate pace of sales. While year-over-year prices have seen a slight decline, the area remains a desirable destination for buyers, supported by strong school quality and lifestyle amenities. Market activity is expected to remain steady as inventory levels align with seasonal demand.
This ZIP is ideal for families, retirees, and outdoor enthusiasts seeking a high quality of life, though it is less suited for those requiring a dense urban commute or low-cost housing.
Median prices moved down 6.7% year over year.
Homes spend a median of 64 days on market with 2.8 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 6.5% — 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 8.9%/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 6.4%/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 97759, Deschutes County, Oregon
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 Sisters area are generally low, with property and violent crime incidents occurring at frequencies below both state and national averages.
Schools in the Sisters School District are highly regarded, consistently maintaining strong academic performance ratings and community support.
The area faces significant wildfire risk due to its location in the high desert forest interface, necessitating proactive defensible space management and specialized insurance coverage.
Economic momentum is driven by tourism, outdoor recreation, and a growing remote-work population, with infrastructure development focused on managing regional traffic and utility capacity.
Property taxes are assessed by Deschutes County based on real market value, with rates influenced by local school district levies and special service district assessments.
Commuting to the Bend employment core typically involves a 20-30 minute drive via US-20, with limited public transit options available.
The area offers extensive access to the Deschutes National Forest, hiking and mountain biking trails, and proximity to the Metolius River and local golf courses.
The rental market is characterized by high demand and low vacancy rates, with significant pressure from seasonal and short-term rental activity.
The local economy is anchored by tourism, hospitality, and small-scale manufacturing, with a significant portion of the workforce engaged in remote professional services.
Transportation is primarily automobile-dependent, with US-20 serving as the main arterial corridor connecting the area to the broader Central Oregon region.
Development is focused on managed growth within the urban growth boundary, prioritizing mixed-use projects and infrastructure upgrades.
The Deschutes County Assessor maintains property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to various special districts, including the Sisters School District, local fire protection districts, and water/sewer service providers.
Property insurance premiums are rising due to increased wildfire risk, with many carriers requiring specific mitigation efforts for coverage.
Oregon continues to see net positive domestic migration, with Central Oregon being a primary destination for those relocating from larger metropolitan areas.
Oregon is primarily a non-judicial foreclosure state, with specific notice and redemption periods defined by state statute.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects at the time of sale.
Data retrieved from data.census.gov using ZCTA 97759 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.
Provides extensive community trails and recreational facilities.
A premier 18-hole course known for its unique red sand bunkers.
Features a historic western-themed aesthetic with local boutiques and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.