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Home values, rents and more in ZIP code 97388 (Lincoln City, OR)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$617,000
Metro: $470,000 · U.S.: $366,000
Home values, past year
+0.8%
Metro: +0.4% · U.S.: +1.2%
Population
911
ACS 2020–24
Median household income
$73,750
Metro: $63,165 · U.S.: $80,734
ZIP codes around 97388, shaded by typical home value973889738097368973679735797341
  • Under $430k
  • $430k–$450k
  • $450k–$500k
  • $500k–$550k
  • $550k+
  • No data
ZIP codes around 97388, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 97388 is outlined.

How 97388 compares

The typical home in ZIP code 97388 (Lincoln City, OR) is worth about $617,000, according to the Zillow Home Value Index for September 2026. Home values in 97388 are 31% above the typical value in the Newport metro area ($470,000) and 1.7 times the U.S. typical value ($366,000).

Over the past year, home values in 97388 rose 0.8%, compared with +0.4% in the Newport metro area and +1.2% nationally.

The median household income is $73,750, against $63,165 in the Newport metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 911 people live in 97388 (American Community Survey 2020–24).

97388 has the highest typical home value of the 16 ZIP codes in the Newport metro area and the 46th-highest of 339 in Oregon with Zillow figures.

Part of: Lincoln City, OR · Lincoln County, OR · Newport metro area · Oregon

More for 97388 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 97388 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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