How much is a home worth in ZIP code 97739?

The typical home in 97739 is worth $407,929, based on the Zillow Home Value Index.

Are home values rising in 97739?

Home values in 97739 are down 2.7% over the past year, and up 4.1% a year over five years.

What is the typical rent in 97739?

A typical home in 97739 rents for about $1,718 a month, a gross rental yield of 5.1%.

What is the property tax rate in 97739?

The effective property tax rate in 97739 is 0.6% — roughly $2,337 a year on a typical home.

ZIP code 97739 has a population of 13,183 and a median household income of $58,579.

HousingHandbookReference data

…

U.S. ZIP Code · OR97739

Deschutes County · Bend, OR

Typical home value

$407,929^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.7%
5-year / yr: +4.1%
10-year / yr: +8.3%

Relative price

vs U.S.: +43.6%
vs metro: -31.5%
vs state: -11.3%

Price history

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

The typical home in 97739 is worth $407,929 — 31.5% below the Bend, OR median. Over the past year, values have fallen 2.7%. Homes here rent for a typical $1,718 a month — a 5.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $1,718^[2]
Gross yield: 5.1%^[2]
Cap rate: 3.0%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $2,337^[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: 13,183^[3]
Median household income: $58,579^[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: 4
Elementary: 2
Middle: 1
High: 1

LaPine Senior High School
High · Grades 9–12 · Bend-LaPine Administrative SD 1
480 students
LaPine Elementary School
Elementary · Grades K–5 · Bend-LaPine Administrative SD 1
415 students
LaPine Middle School
Middle · Grades 6–8 · Bend-LaPine Administrative SD 1
272 students
Rosland Elementary
Elementary · Grades K–5 · Bend-LaPine Administrative SD 1
237 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.

Home value$Monthly rent$

Gross yield5.1%

Net yield (after ~40% expenses)3.0%

Annual rent$20,615

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,063

Loan principal$326,344

Down payment$81,586

Total interest paid$416,233

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.51

Monthly cost to own$2,596

Monthly rent$1,718

Renting is meaningfully cheaper month-to-month.

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: 45th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 36th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

5th for fastest-growing in ORView list →

Frequently asked

How much is a home worth in ZIP code 97739?: The typical home in 97739 is worth $407,929, based on the Zillow Home Value Index.
Are home values rising in 97739?: Home values in 97739 are down 2.7% over the past year, and up 4.1% a year over five years.
What is the typical rent in 97739?: A typical home in 97739 rents for about $1,718 a month, a gross rental yield of 5.1%.
What is the property tax rate in 97739?: The effective property tax rate in 97739 is 0.6% — roughly $2,337 a year on a typical home.
Who lives in 97739?: ZIP code 97739 has a population of 13,183 and a median household income of $58,579.

#Comparable ZIPs

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

97734 vs 97739 →
Culver, OR
Typical home
$412,748
Gross yield
—
97754 vs 97739 →
Juniper Canyon CDP, OR
Typical home
$433,209
Gross yield
4.2%
97741
Madras, OR
Typical home
$372,068
Gross yield
—
97756
Redmond, OR
Typical home
$515,361
Gross yield
4.7%
97760
Crooked River Ranch CDP, OR
Typical home
$578,630
Gross yield
—
97701
Bend, OR
Typical home
$611,708
Gross yield
4.2%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 97739 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OR97739

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