97355 — Lebanon, OR Home Values
Typical home value $392,641 as of August 2026 · 10th of 12 in Albany-Lebanon, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97355, August 2021 to August 2026. This page shows observed data only; no forecast.
How 97355 compares in the Albany-Lebanon, OR area
ZIP code 97355 (Lebanon, OR) has a typical home value of $392,641 as of August 2026, ranking 10th of 12 ZIP codes tracked in the Albany-Lebanon, OR area, more expensive than about 25% of ZIP codes in the metro. Prices here have moved +0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.5%, from $337,003 in August 2021 to $392,641 in August 2026. Against observed rent, the typical home here sells for 21.9× the annual rent ($1,494/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Albany-Lebanon, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Albany.
Population and demographics
ZIP code 97355 has a population of 33,236, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 85.9% White, 7% Hispanic or Latino, 4.9% two or more races, 1.2% another race, 0.5% Asian, 0.3% American Indian or Alaska Native, and 0.1% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Hamilton Creek School | 32135 Berlin Rd, Lebanon, OR | 1.5 mi |
| Riverview School | 1011 Mountain River Dr, Lebanon, OR | 3.5 mi |
| Seven Oak Middle School | 550 Cascade Dr, Lebanon, OR | 3.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97355?
$392,641 as of August 2026, the latest month Zillow has published observed data for.
Is 97355 an expensive ZIP code in the Albany-Lebanon, OR area?
97355 ranks 10th of 12 ZIP codes in the Albany-Lebanon, OR area by typical home value, more expensive than about 25% of ZIP codes in the metro.
How much have home values in 97355 changed over the past year?
+0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97355?
The typical home price is 21.9× the observed annual rent in this ZIP code ($1,494/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97355?
33,236, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97355?
Hamilton Creek School (1.5 mi), Riverview School (3.5 mi), Seven Oak Middle School (3.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97355?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Albany-Lebanon, OR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.