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Featured local agent — Bonanza, OR
Sarah Mitchell
Compass Real Estate · Bonanza, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Bonanza, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$260,000median sale price
How is the Bonanza, OR housing market right now?
The median home sale price in Bonanza, OR is $260,000. Homes sell in an average of 2 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of November 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bonanza a buyer's or seller's market?
Bonanza, OR is currently a seller's market, based on 2.0 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
2
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Bonanza housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $260,000 |
| Median list price | $242,500 |
| Average days on market | 2 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $144/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Bonanza by property type?
How the Bonanza, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $260,000 | $144/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Bonanza housing market is currently classified as a seller's market with a median sale price of $260,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 2 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Bonanza
There are currently 2 homes listed for sale in Bonanza, Oregon. The median listing price is $243K.
Active listings
2
Homes on market
Median list price
$243K
Avg. days on market
2
Days until sale
New this week
2
Newly listed
Who lives in Bonanza?
Population
550
Median income
$92,750/yr
Median age
56.2 years
Owner-occupied
71.5%
College grads
26.6%
Avg commute
28.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Bonanza?
Zillow home value
$304,267
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Bonanza?
Bonanza is a community of approximately 1K residents with a median age of 56.2 years.The median household income is $92,750, which reflects a relatively affluent area with strong earning potential. 26.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bonanza offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bonanza?
2 schools tracked · 490 students
The largest public schools serving Bonanza, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Bonanza Junior/Senior High School
Grades 7-12 · 256 students
Bonanza Elementary School
Grades K-6 · 234 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bonanza, OR?
Want a head-to-head view? Compare Bonanza side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Bonanza?
The median home sale price in Bonanza is $260,000, down 0.0% from last year.
How long do homes stay on market in Bonanza?
Homes typically spend 2 days on market before going under contract.
What is the median income in Bonanza?
The median household income is $92,750 per year.
Is Bonanza a buyer's or seller's market?
With 2.0 months of supply, Bonanza is currently a seller's market.
What is the Zillow home value estimate for Bonanza?
The Zillow Home Value Index (ZHVI) for Bonanza is $304,267, representing the typical home value in the area.
How much does a single-family home cost in Bonanza?
The median single-family home price in Bonanza, OR is $260,000 (about $144 per square foot).
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