Zip lookup · OR

97532
Merlin, Oregon.

Merlin, Josephine County, OR · Grants Pass, OR metro · population 2,578

What it costs per month · 97532 $2,455/mo

to buy the typical home at today's mortgage rate — +$1,139 (+87%) since Jan 2020.

What the home itself did
1 year
Up $347 +0%
$467,401$467,748 since Sep 2025
5 years
Down $4,288 -1%
$472,036$467,748 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 97532 $2,455 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 97532$2,455
  • United States$1,922

At the last five years' pace, prices here aren't rising.

Typical home values in zip 97532 rose 0.1% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Merlin, OR — measured over the city limits, which is a different area from this zip.

Typical home value $467,748 as of Sep 2026
+0.1%year on year

Typical home value — 97532

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 97532 $467,748 Grants Pass $388,435 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 97532$467,748
  • Grants Pass$388,435
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
11.3 97497 Wolf Creek 1,174 — $322,787
12.8 97543 Wilderville 598 — $415,348
13.0 97526 Grants Pass 36,036 $1,565 $382,873
16.5 97527 Grants Pass 37,330 $1,642 $409,374
17.1 97442 Glendale 1,742 — $262,926
18.7 97538 Selma 1,865 — $319,381

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.