97862 — Milton Freewater, OR Home Values
Typical home value $312,834 as of June 2026 · 5th of 13 in Hermiston-Pendleton, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97862, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97862 compares in the Hermiston-Pendleton, OR area
ZIP code 97862 (Milton Freewater, OR) has a typical home value of $312,834 as of June 2026, ranking 5th of 13 ZIP codes tracked in the Hermiston-Pendleton, OR area, more expensive than about 69% of ZIP codes in the metro. Prices here have moved +3.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.8%, from $240,925 in June 2021 to $312,834 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Hermiston-Pendleton, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Hermiston.
Population and demographics
ZIP code 97862 has a population of 12,538, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 62.6% White, 33.2% Hispanic or Latino, 2.6% two or more races, 1% American Indian or Alaska Native, 0.4% Asian, and 0.2% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Gib Olinger Elementary School | 1011 S Mill St, Milton-Freewater, OR | 3.2 mi |
| Central Middle School | 306 SW 2nd Ave, Milton-Freewater, OR | 3.7 mi |
| McLoughlin High School | 120 S Main St, Milton-Freewater, OR | 3.7 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 97862?
$312,834 as of June 2026, the latest month Zillow has published observed data for.
Is 97862 an expensive ZIP code in the Hermiston-Pendleton, OR area?
97862 ranks 5th of 13 ZIP codes in the Hermiston-Pendleton, OR area by typical home value, more expensive than about 69% of ZIP codes in the metro.
How much have home values in 97862 changed over the past year?
+3.0% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 97862?
12,538, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97862?
Gib Olinger Elementary School (3.2 mi), Central Middle School (3.7 mi), McLoughlin High School (3.7 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 97862?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Hermiston-Pendleton, 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.