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Panther Creek

Panther Creek

Neighborhood in Otis, Oregon

Lincoln County 97368

$309,703 Average Value
$261 Average Price per Sq Ft
1 Home 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.

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.

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.”

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.

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.
Jillian Pillow
Written By
Jillian Pillow

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Schools

Source:
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.

Crime and Safety

1 - Low Crime, 10 - High Crime Panther Creek US
Homicide 3 4
Sexual Assault 1 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Panther Creek Demographics and Home Trends

Housing Trends

Median List Price
$235,000
Median Sale Price
$224,950
Median Single Family Sale Price
$224,950
Median Change From 1st List Price
4%
Last 12 months Home Sales
5
Median Home Sale Price YoY Change
25%
Average Price Per Sq Ft
$261

Neighborhood Facts

Number of Homes in Neighborhood
147
Number of Homes for Sale
1
Median Year Built
1977
Months of Supply
2.40
Average Single Family Home Size Sq Ft
1,185
Significantly below the national average
1,933
Median Lot Size Sq Ft
9,801

Distribution of Home Values

Source: Public Records

Homes for Sale

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.

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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.
NEIGHBORHOOD
Panther Creek