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Oregon Home Values and Rents

The median home value in Oregon is $477,600, 8th highest among states. Prices changed +0.3% in the year through Q2 2026.

Typical home value
$492,753
8th of 51 states
Median rent
$1,525/mo
ACS 2020-2024
Price change, 1 year
+0.3%
47th fastest of 51
Homeownership
63.3%
Owner-occupied homes

Oregon home prices since 2000

FHFA purchase-only House Price Index, seasonally adjusted (1991 = 100)

OregonUnited States
Show as a table
PeriodOregon
Q2 2026629
Q4 2025630
Q4 2024627
Q4 2023608
Q4 2022603
Q4 2021582
Q4 2020496
Q4 2019444
Q4 2018420
Q4 2017396
Q4 2016372
Q4 2015337
Q4 2014305
Q4 2013286
Q4 2012257

Over five years, Oregon home prices changed +15.8%, compared with +29.9% for the U.S.

Source: Federal Housing Finance Agency ยท Last updated 07/01/2026

Home values by county

Zillow typical home value; price changes from FHFA annual county index

Swipe the table sideways to see more columns.

#CountyTypical valueMedian rent1-year5-year
1Hood River County$682,386$1,417+1.9%+49.1%
2Deschutes County$658,505$1,787+0.8%+51.6%
3Clackamas County$605,496$1,758+1.6%+36.3%
4Washington County$555,664$1,849-0.5%+32.8%
5Benton County$553,203$1,410+0.6%+41.8%
6Clatsop County$518,689$1,180+2.8%+52.3%
7Tillamook County$503,694$1,246+0.5%+49.8%
8Yamhill County$501,668$1,480+3.1%+39.8%
9Multnomah County$496,807$1,646+0.3%+21.7%
10Polk County$475,672$1,299+2.8%+43.7%
11Crook County$471,570$1,283+3.3%+51.6%
12Lincoln County$470,173$1,201-0.4%+51.1%
13Lane County$452,807$1,355+1.2%+41.2%
14Curry County$448,677$1,241+0.3%+41.7%
15Columbia County$444,644$1,373+0.2%+35.2%
16Wallowa County$441,217$981-5.0%+54.2%
17Marion County$439,746$1,414+2.6%+42.2%
18Jackson County$431,214$1,358+1.1%+32.2%
19Jefferson County$424,796$941+4.5%+51.4%
20Linn County$408,244$1,320+2.2%+44.8%
21Wasco County$400,158$1,008+1.6%+41.8%
22Josephine County$388,433$1,194+1.9%+32.4%
23Coos County$348,767$1,0420.0%+46.9%
24Douglas County$339,328$1,055+1.7%+44.5%
25Union County$332,868$982+4.6%+59.8%
26Umatilla County$312,771$997+5.3%+48.3%
27Wheeler County$310,433$870--
28Morrow County$306,837$995+2.8%+55.3%
29Malheur County$306,087$821-2.3%+52.5%
30Klamath County$303,425$991+1.4%+51.1%
31Baker County$297,516$865+8.5%+78.1%
32Sherman County$289,987$1,032--
33Grant County$281,746$789-9.3%+52.0%
34Gilliam County$246,679$1,125-+105.8%
35Harney County$214,641$684-3.9%+58.8%
36Lake County$194,326$878-2.0%+47.5%

Most expensive cities in Oregon

Cities and towns with 10,000+ residents, by typical home value

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#CityPopulationTypical valueMedian rent
1Cedar Mill19,471$878,300$1,882
2Lake Oswego40,381$863,163$2,139
3West Linn26,935$762,150$2,116
4Bethany33,106$751,700$2,245
5Bend103,390$721,430$1,883
6Happy Valley26,738$675,784$2,029
7Damascus11,437$663,163$2,654
8Oak Hills11,131$647,800$1,935
9Tualatin27,763$625,648$1,806
10Wilsonville26,974$621,696$1,878
11Sherwood20,307$620,666$2,131
12Tigard56,011$598,717$1,782
13Oregon City37,755$591,081$1,708
14Canby18,134$586,607$1,542
15Oatfield13,294$569,000$1,786
16Corvallis59,960$556,438$1,391
17Silverton10,456$546,982$1,580
18Ashland21,259$542,434$1,387
19Newberg26,066$525,710$1,713
20Portland641,165$524,318$1,655
21Beaverton97,812$520,242$1,826
22Forest Grove26,529$516,835$1,460
23Sandy12,854$515,755$1,861
24Oak Grove16,796$515,700$1,744
25Redmond36,092$509,986$1,628

Most affordable cities in Oregon

Cities and towns with 10,000+ residents, lowest home values first

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#CityPopulationTypical valueMedian rent
1Altamont19,927$249,200$1,015
2Baker City10,210$260,512$896
3La Grande13,058$299,566$968
4Pendleton16,950$301,449$956
5Klamath Falls22,115$302,160$986
6Ontario11,842$303,104$804
7Coos Bay15,925$324,616$1,034
8Four Corners16,275$340,200$1,416
9Hermiston19,546$344,268$1,088
10Sweet Home10,078$348,337$1,213
11White City10,750$350,082$1,379
12North Bend10,171$359,378$1,066
13Roseburg23,778$359,768$1,063
14Hayesville21,246$365,400$1,435
15Lebanon19,344$392,264$1,312

Frequently asked questions

What is the median home value in Oregon?
The median value of owner-occupied homes in Oregon is $477,600, according to the American Community Survey 2020-2024 5-year estimates. That ranks 8th highest among the states and D.C.
Are home prices going up in Oregon?
Home prices in Oregon changed +0.3% over the year through Q2 2026 and +15.8% over five years, according to the FHFA House Price Index.
What is the most expensive city in Oregon?
Among cities and towns with at least 10,000 residents, Cedar Mill has the highest typical home value at $878,300, followed by Lake Oswego ($863,163) and West Linn ($762,150).
Where are homes most affordable in Oregon?
Altamont has the lowest typical home value among cities with 10,000+ residents at $249,200, followed by Baker City ($260,512) and La Grande ($299,566).
How much do homes sell for in Oregon?
In Sep 2026, the median sale price was $690,090 in the Bend, OR area, $536,386 in the Portland-Vancouver-Hillsboro, OR-WA area and $477,106 in the Eugene-Springfield, OR area, according to Zillow. These are the metro areas in Oregon with the highest median sale prices.
What is the average rent in Oregon?
The median gross rent in Oregon is $1,525 a month, including utilities paid by the renter (ACS 2020-2024). About 37% of households rent.