HousingHandbookReference data

U.S. ZIP Code · OR97707

Deschutes County · Bend, OR

Typical home value

$741,155[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.1%
5-year / yr
+2.9%
10-year / yr
+7.0%

Relative price

vs U.S.
+160.9%
vs metro
+24.5%
vs state
+61.2%
ZIP 97707 location in OR
Location of ZIP 97707 in OR

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 97707 is worth $741,155 — 24.5% above the Bend, OR median. Over the past year, values have fallen 3.1%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$4,846[3]

#Climate risk

FEMA National Risk Index ratings for Deschutes County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively High
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
6,661[3]
Median household income
$85,272[3]

#Migration

Household moves in and out of Deschutes County over a year, from IRS tax-return data.

Net migration
+1,224[5]
Moved in
7,660
Moved out
6,436

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Three Rivers Elementary School

    Elementary · Grades K–8 · Bend-LaPine Administrative SD 1

    419 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,748
Loan principal$592,924
Down payment$148,231
Total interest paid$756,242

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,767
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
[2]
Property tax
82nd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 97707?
The typical home in 97707 is worth $741,155, based on the Zillow Home Value Index.
Are home values rising in 97707?
Home values in 97707 are down 3.1% over the past year, and up 2.9% a year over five years.
What is the property tax rate in 97707?
The effective property tax rate in 97707 is 0.7% — roughly $4,846 a year on a typical home.
Who lives in 97707?
ZIP code 97707 has a population of 6,661 and a median household income of $85,272.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Camp Sherman CDP, OR

    Typical home
    $748,836
    Gross yield
  • Bend, OR

    Typical home
    $685,939
    Gross yield
    4.0%
  • Bend, OR

    Typical home
    $611,708
    Gross yield
    4.2%
  • Crooked River Ranch CDP, OR

    Typical home
    $578,630
    Gross yield
  • Redmond, OR

    Typical home
    $515,361
    Gross yield
    4.7%
  • Bend, OR

    Typical home
    $1,015,230
    Gross yield
    2.9%

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