506 E 5th St
Rainier, OR 97048
- 3 Beds
- 2 Baths
- 1,972 sqft (on 0.25 acres)
3 Beds
2 Baths
1,972 sqft
(on 0.25 acres)
Home Value
Trulia Estimate
$386KSince last month
Decreased$5K (-1.2%)Since last year
Decreased$4K (-1%)Since last sale
Increased$128K (+49.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +111% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $386K |
| July 2026 | $392K |
| June 2026 | $390K |
| May 2026 | $394K |
| April 2026 | $381K |
| March 2026 | $374K |
| February 2026 | $371K |
| January 2026 | $370K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $355,000 | 05/08/26 | 3 | 2 | 2,085 | |
0.04 | Single-Family Home | $349,900 | 10/08/25 | 3 | 1 | 1,008 | |
0.07 | Single-Family Home | $349,900 | 10/08/25 | 3 | 1 | 1,008 | |
0.19 | Single-Family Home | $485,000 | 05/29/26 | 3 | 2 | 1,624 | |
0.11 | Single-Family Home | $360,000 | 04/09/26 | 2 | 1 | 1,300 | |
0.20 | Single-Family Home | $40,000 | 08/15/25 | 3 | 2 | 1,340 | |
0.21 | Single-Family Home | $350,000 | 12/03/25 | 3 | 1 | 1,112 | |
0.62 | Single-Family Home | $284,000 | 07/01/26 | 3 | 2 | 1,632 | |
0.41 | Single-Family Home | $435,000 | 07/29/26 | 3 | 3 | 3,128 | |
0.70 | Single-Family Home | $392,946 | 07/02/26 | 4 | 2 | 2,885 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $335,100 | 3 | 1 | 1,438 | Off Market | |
0.06 | $355,000 | 3 | 1 | 2,085 | Recently Sold | |
0.06 | $369,900 | 4 | 1 | 1,526 | For Sale | |
0.07 | $347,200 | 3 | 1 | 1,008 | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.11 | $360,000 | 2 | 1 | 1,300 | Recently Sold | |
0.12 | $362,000 | 3 | 2 | 1,575 | Off Market | |
0.12 | $432,100 | 4 | 2 | 2,054 | Off Market | |
0.14 | $476,400 | 3 | 2 | 1,922 | Off Market | |
0.14 | $491,300 | 3 | 2 | 1,922 | Off Market | |
0.14 | $454,300 | 3 | 2 | 1,672 | Off Market | |
0.13 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1960
Lot Size
0.25 acres
Living Area
1,972 sqft
Price/Sqft
$195
Parking
Garage
About this House
Step back in time to this 1972 custom home with sweeping views all on one level. Bring your imagination, paint brush, and elbow grease to polish this one up. You will be rewarded with a corner acre lot on a quarter acre sitting above the hustle and bustle but keeping your eyes open to all the area has to offer. Private patio, open floor plan, and large laundry room. Come make this house a home.
506 E 5th St, Rainier, OR 97048 is a 3 bedroom, 2 bathroom, 1,972 sqft single-family home built in 1960. It last sold for $257,500 on Aug 28, 2018. It is currently off market. The Trulia Estimate is $385,500, with a rent estimate of $2,387/month.
Home Details for 506 E 5th St
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Heating & Cooling Heating: RadiantHeating Fuel: Radiant |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet |
Interior Details Number of Rooms: 9Types of Rooms: Dining Room, Family Room |
Appliances & Utilities Dishwasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleDeckExterior: OtherPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 10890 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 28, 2018 Source: RMLS (OR) #18164229 | Sold | $257,500 |
Jul 10, 2018 Source: Agent Provided | Pending | $249,000 |
Jul 6, 2018 Source: Agent Provided | Listed For Sale | $249,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $4,113 | $362,820 |
Home facts updated by county records
Market trends in Rainier
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
31
4MoM
Around this home
What Locals Say about Rainier
At least 14 Trulia users voted on each feature.
88 % Say yards are well-kept
88 % Say parking is easy
81 % Say car is needed
76 % Say people would walk alone at night
75 % Say it's dog friendly
71 % Say there's wildlife
63 % Say they plan to stay for at least 5 years
60 % Say neighbors are friendly
60 % Say there's holiday spirit
58 % Say it's walkable to restaurants
57 % Say it's quiet
52 % Say there are sidewalks
50 % Say kids play outside
48 % Say it's walkable to grocery stores
35 % Say there are community events
33 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 506 E 5th St
- What is 506 E 5th St estimated to be worth?Trulia's estimated value for 506 E 5th St in Rainier, OR is $385,500.
- What is the price history for 506 E 5th St?506 E 5th St in Rainier, OR last sold for $257,500 in August 2018.
- Is Rainier a buyer's or seller's market?Rainier is currently a balanced market, based on recent for-sale activity.
- What do residents say about Rainier?Residents describe Rainier, OR as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Rainier, OR.
- How big is the lot at 506 E 5th St?The lot at 506 E 5th St in Rainier, OR is about 0.25 acres (10,890 sq ft).
- Does 506 E 5th St have a garage?Yes, 506 E 5th St in Rainier, OR has a garage.

