The story of this market
The typical home in ZIP 97827 sells for about $290,000, or $158 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 97827 — Elgin
The housing market in Condon is characterized by low inventory and slow turnover, reflecting its status as a small, stable rural community. Prices have seen modest appreciation, but the market remains balanced due to limited demand and a declining population trend. Most activity is driven by local residents rather than speculative investment.
This area is best suited for retirees or those seeking a quiet, rural lifestyle, as well as agricultural workers looking for proximity to local industry.
Median prices moved up 3.5% year over year.
Homes spend a median of 112 days on market with 7.2 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 21.9% — a mixed stability 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 7.8%/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 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 97823, Gilliam 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 Condon are significantly lower than the national average, with the area experiencing very few violent or property crimes annually.
Schools in the area are served by the Condon School District, which maintains small class sizes and a focus on rural community engagement.
The region faces moderate wildfire risk during summer months, typical of the high desert climate in Eastern Oregon.
Economic momentum is driven primarily by agriculture and wind energy projects, with limited new residential development.
Property taxes are assessed by Gilliam County based on real market value, with rates influenced by local school district and municipal levies.
Commuting is primarily local within Condon or to nearby agricultural hubs; there is no public transit infrastructure.
Local amenities include the Condon City Park and proximity to the John Day River for fishing and outdoor recreation.
The rental market is characterized by low inventory and high demand from agricultural workers, with limited turnover.
The economy is heavily reliant on dryland wheat farming and the growing wind energy sector in Gilliam County.
Transportation is entirely dependent on private vehicles via state highways; no public transit exists.
Development is minimal, focusing on small-scale infrastructure maintenance and agricultural support.
The Gilliam County Assessor maintains property values based on annual market analysis and state-mandated reappraisal cycles.
Parcels are subject to Gilliam County tax levies and the Condon School District.
Insurance premiums are stable but reflect the elevated risk of wildfire in the high desert environment.
Data retrieved from Census Bureau ZCTA profiles for Gilliam County.
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.
Central community green space.
Regional destination for fishing and rafting.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.