$311,900Average Value$157Average Price per Sq Ft2Homes For Sale
Rebuilt homes and quiet lanes in Panther Creek
Panther Creek is a quiet community in the dense forests of north Lincoln County. In 2020, many homes in the area were lost to the Echo Mountain Fires. Soon after, locals volunteered to help their neighbors clean up and rebuild. Today, Panther Creek has a revitalized housing market that attracts residents looking to take a step back from the buzz of Lincoln City, 6 miles west. “I grew up in Otis and decided to move back to the area after having my first kid,” says Leah Michelson, a local real estate broker with Taylor & Taylor Realty Co. “I wanted to return to the community’s quiet atmosphere and having privacy from neighboring homes.”
A market of new and old and increasing prices
Neighborhood streets are lined with ranch-style homes, cozy cottages and manufactured homes. “The market is a mix of new and old,” Michelson says. “Overall, prices have increased due to the brand-new homes since the fire, but Panther Creek is still more affordable than Lincoln City neighborhoods.” Most houses sit on quarter to half-acre lots, with prices ranging from $170,000 to $410,000. The neighborhood has a 1 out of 10 CAP Index Crime Score, the lowest possible score.
Community events and nearby small businesses
The Panther Creek Community Center hosts bingo nights every Wednesday and a community breakfast on the first Sunday of every month. The neighborhood also has a monthly gardening club. A few miles east, Zeller’s Riverside Bar and Grill serves pizza, seafood and draft beer that can be sipped on during a round of pool. Locals can get their morning cup of joe at Wyldfire Coffee Co. or can get takeout pizza, calzones or subs across the street at Otis Pizzeria. North Lincoln City is around 7 miles west of the neighborhood and has a variety of shops and restaurants, along with a Safeway. “Lincoln City is largely supported by its tourism industry,” Michelson says. “There are lots of waterfront inns and small businesses and miles of clean beaches.”
Recreation along the Oregon coast
The Cascade Head Biosphere Reserve encompasses thousands of acres of forest, wetlands and shoreline. The reserve includes research areas, trails, an experimental forest and protected marine areas. At Knight Park, locals can fish for Chinook and chum salmon or launch a kayak or canoe for a drift along the Salmon River. The Lower Nature Conservancy Trail winds for 3 miles through preserved spruce and hemlock forests and grasslands, with views of the Pacific coast. The area has miles of publicly accessible shoreline, where beachgoers can surf and explore. Lincoln City hosts two annual kite festivals, one in June and one in September. The festivals have kite-making workshops, art displays and professional kite demonstrations on the beach.
Concurrent enrollment and CTE courses at Taft 7-12
Oceanlake Elementary School earns a C-plus overall grade from Niche and serves kindergarten through second grade. Third through sixth graders may attend C-rated Taft Elementary School. Taft 7-12 Middle and High School, also rated C, has career and technical education courses ranging from small engine mechanics to digital media design. High schoolers can take concurrent enrollment courses through Oregon Coast Community College.
Traveling along Highway 18 and long-distance travel options
Highway 18 lies just south of Panther Creek and stretches about 4 miles west to Otis Junction and the Oregon Coast Highway, putting the community roughly 30 miles from Sheridan. The Salem-Willamette Valley Airport, about 50 miles east, offers a limited selection of flights to Las Vegas and Burbank. Portland International Airport is 100 miles northeast.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Loren Leach,
an experienced agent in this neighborhood.
Panther Creek Demographics and Home Trends
On average, homes in Panther Creek, Otis sell after 43 days on the market compared to the national average of 70 days. The median sale price for homes in Panther Creek, Otis over the last 12 months is $255,000.
Priced to Sell! What a deal and ready for your improvements! This 1982 Manufactured home is ready for some Love. Great Value! Sweet Sweat Equity. This home is ready for a makeover and the finish work to complete the set up. It's ready for Decks and gutters and paint and flooring! Home is on an Oversized Lot overlooking the neighborhood. Home is Occupied. An appointment is required, Home is being
Creek front property on over half acre. Two tax lots included R99842 and R97448!The property has 2 large bedrooms, 2 bathrooms, living room overlooking the creek with a cozy wood burning stove. Kitchen has plenty of storage space. Updated double-pane windows. The double car garage is detached and there are 5 additional sheds for storage. New septic put in in 2004. Lifetime membrane roof.
Interested in learning more about homes in this area?
Reach out to
Loren Leach,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
640
Median Age
50
Population Density
4 ppl/acre
Population under 18
19.5%
On par with the national average
23.8%
Population over 65
27.8%
Above the national average
19.1%
Finances
Median Household Income
$51,200
Significantly below the national average
$71,702
Average Household Income
$62,450
Education and Workforce
High School Graduates
95.1%
College Graduates
15.8%
Below the national average
34.1%
Advanced Degrees
3.1%
Below the national average
13.3%
% Population in Labor Force
55%
Weather
Annual Precipitation
88''
Average Winter Low Temperature
38°F
Average Summer High Temperature
69°F
Annual Snowfall
5''
Area Factors
Somewhat Bikeable
Bike Score®
3/ 100
Car-Dependent
Walk Score®
0/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
