ZIP Code Market Report
97136 — Rockaway Beach, OR
Data through February 2026 · Updated monthly
Avg Home Value
$454,805
▼ 0.5% year-over-year
Month-over-Month
-0.5%
▼ 0.5%
Single Family
$458,074
Condo / Co-op
--
The average home value in the 97136 ZIP code (Rockaway Beach, OREGON) is $454,805 as of February 2026. Home prices are stable, down 0.5% compared to last year.
A 3-bedroom home in 97136 is valued at $498,057. 1-bedroom units start around $345,158.
The market in 97136 has a $367,429 spread between bottom-tier homes at $311,506 and top-tier homes at $678,935. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Tillamook County market area in OREGON. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Tillamook County report.
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Market Snapshot
97136 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $460,685 | $457,227 | $454,805 | ▼ 1.3% |
| Single Family Value | $456,618 | $457,852 | $458,074 | ▲ 0.3% |
Home Values
97136 Home Value Trend
Historical home values for ZIP code 97136. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 97136
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $345,158 |
| 2 Bedrooms | $403,872 |
| 3 Bedrooms | $498,057 |
| 4 Bedrooms | $661,360 |
Property Types
Home Values by Property Type in 97136
How different property types compare in this ZIP code.
All Homes
$454,805
Single Family
$458,074
Bottom Tier
$311,506
Top Tier
$678,935
Data Sources and Methodology
Home value data for ZIP code 97136 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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