Hermiston, OR home prices
Typical home $312,088 · +2.7% in a year · income needed $88,800
The Hermiston, OR metro area ranks 297 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.7% in a year and +19.7% over five years. With 20% down at 7.11%, the typical home costs about $2,071 a month including 0.9% property tax (Umatilla County rate).
Mortgage on the typical Hermiston home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $62,418 | $249,671 | $1,680 | $0 | $391 | $2,071 | $88,800 |
| 10% down | $31,209 | $280,879 | $1,889 | $117 | $391 | $2,398 | $102,800 |
| 5% down | $15,604 | $296,484 | $1,994 | $124 | $391 | $2,509 | $107,500 |
| 3.5% down (FHA) | $10,923 | $306,436 | $2,061 | $138 | $391 | $2,591 | $111,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.9% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Hermiston area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Umatilla County, OR | $312,771 | +2.8% | 0.9% |
| Morrow County, OR | $306,837 | +1.4% | 0.81% |
What can you afford in Oregon on your salary? · Oregon home prices · Salaries in Oregon
Frequently asked questions
How much is a house in Hermiston?
The typical home in the Hermiston, OR metro area is worth $312,088 (Zillow, September 2026).
What salary do you need to buy a house in Hermiston?
About $88,800 a year for the typical home with 20% down at 7.11%.