Real Estate Investing in Gervais, Oregon (97026)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Marion County • Population: 3,898 • Data updated: September 2026

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Should you buy in 97026 (Gervais, OR)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Gervais, OR (97026)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $439,185
Avg Monthly Rent $1,629
1% Rule ✗ Does Not Meet
Median Income $81,250
% Renters 13.6%

Market Analysis: 97026 Gervais

This part of Marion County is not an easy win. The 97026 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97026 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Nearby ZIPs in Gervais have seen price recovery that 97026 has not matched. Marion County data supports the view that the spread is structural rather than temporary.

From an investor standpoint, 3,898 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

The right play in 97026 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Gervais:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.4× the median income
Value Trend
Rising (+3.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,629/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Salem, OR Metro Area
More inventory, negotiating room for buyers
51 days
Average time to sell
Average
10.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Salem, OR metro data
🏠

Property Strategy for 97026

Which property type performs best in this market?

Best for Cash Flow
3BR
4.4% cap rate
Best for Appreciation
4BR
+6.2% 5yr CAGR
Best Overall Value
4BR
$110,575/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $408,127 $2,510 4.4% +6.0% $136,042
4BR $442,299 $2,710 4.4% +6.2% $110,575

Market Trends

Home Value History (with trend line)

$464K$393K$322K$251K$180K$109KJul 2006Jul 2016Jul 2026

📊 How Does 97026 Compare?

Metric 97026 Gervais Salem, OR Oregon
Home Value $439,185 $439,185 N/A $493,884
5-Year CAGR 3.3% 3.3% N/A 4.9%
Avg Rent $1,629 $1,629 N/A -
Cap Rate 2.9% 2.9% - -
💡 Why Invest in 97026? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 97026 (Gervais, OR). Anonymous, moderated, never written by AI.

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Property managers serving Marion County

Manage rentals here? List your business →

Evolve Workforce & Multifamily Housing Services. summary from their website

Small multifamily
Unclaimed — is this your business? Claim it free

Dalke Property Management, Llc. summary from their website

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Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+3.3%
Moderate

📉 Market Crash Risk Index

Based on Salem, OR metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
41%
Days Pending
1/2
51 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $439,185
Monthly Rent $1,629
Price-to-Rent 22.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.5%
Cap Rate 2.9%
5-Year IRR 6.2%

📈 Home Appreciation

1-Year +3.2% ▲
3-Year CAGR +1.9% ▲
5-Year CAGR +3.3% ▲
10-Year CAGR +8.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
3.4%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.3%
Stable
Eviction process: Fast Rent control: Unfavorable

Demographics in 97026

Population: 3,898

💰 Median Household Income
$81,250
This area
$81,250
State
$71,325
USA
$74,580
🏠 Renter Occupied
13.6%
This area
13.6%
State
28.8%
USA
34.0%
💼 Unemployment Rate
4.6%
This area
4.6%
State
-6.1%
USA
3.7%
🎓 College Educated
13.0%
This area
13.0%
State
13.8%
USA
33.7%
👤 Median Age
33.9 years
This area
33.9 years
State
31.5 years
USA
38.9 years
🏚️ Vacancy Rate
3.4%
This area
3.4%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 57.2%
Other/Mixed 41.7%
Hispanic/Latino 37.1%
Asian 1.1%
👶 Under 18
29.2%
This area
29.2%
USA
22.0%
👴 65 and Over
10.6%
This area
10.6%
USA
17.3%
📊 Poverty Rate
10.0%
This area
10.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 97026

A Avg School Grade
4 Schools
16.1:1 Avg Class Size
$17,880 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Gervais Elementary School

📚 K – 05 Elementary
👥
376 Students
👨‍🏫
14.1:1 Class Size
💰
$17,880 Per Student
A Very Good

Gervais High School

📚 09 – 12 High School
👥
322 Students
👨‍🏫
17.3:1 Class Size
💰
$17,880 Per Student
B+ Above Average

Frontier Charter Academy

📚 K – 12 K-12 Charter
👥
387 Students
👨‍🏫
16.8:1 Class Size
💰
$17,880 Per Student
B+ Above Average

Gervais Middle School

📚 06 – 08 Middle
👥
184 Students
👨‍🏫
16.0:1 Class Size
💰
$17,880 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 2,140 Off-Campus Students
C
Mount Angel Seminary
116 students · 8.8 mi
C
Chemeketa Community College
7,433 students · 8.8 mi
C
Institute of Technology
261 students · 9.4 mi
C
College of Hair Design Careers
66 students · 10.8 mi
C+
Phagans School of Beauty
38 students · 11.7 mi
C
Johnny Matthew's Hairdressing Training School
59 students · 12.2 mi
C+
Willamette University
2,112 students · 12.4 mi
C
George Fox University
4,531 students · 13.8 mi

Investor Insight: With 2,140 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What approach is best for Gervais, OR real estate?

The best-fit strategy in Gervais, OR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

How strong are rents in Gervais, OR?

The typical rental in Gervais, OR commands about $1,629/mo monthly. That rent profile steady cash flow against the $439K purchase basis.

What is the typical renter like in Gervais, OR?

Gervais, OR offers a steady renter base at the $1,629/mo rent level. Tenant turnover is reasonable for well-managed properties.

How do landlord-tenant laws work in Gervais, OR?

OR ranks as a landlord-friendly state for landlord-tenant law. Gervais generally follows the statewide framework, so landlords face reasonable operating rules.

Should investors consider Gervais, OR?

The 3.0/5 investability rating in Gervais, OR reflects its $439K prices and $1,629/mo rents. Investors generally consider it a solid option within OR.

You know 97026 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 97026 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 97026 ranks in Salem, OR

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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