Oregon home prices and mortgage costs
Typical home value $492,753 · +0.0% in a year · property tax 0.79%
Oregon ranks 12th most expensive of 51 states and D.C. Home values changed +0.0% over the past year and +7.1% over five years. Buying the typical home with 20% down costs about $3,222 a month at 7.11%, which needs a household income of about $138,100.
Cost of the typical Oregon home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $98,551 | $394,202 | $2,652 | $0 | $570 | $3,222 | $138,100 |
| 10% down | $49,275 | $443,477 | $2,983 | $185 | $570 | $3,739 | $160,200 |
| 5% down | $24,638 | $468,115 | $3,149 | $195 | $570 | $3,915 | $167,800 |
| 3.5% down (FHA) | $17,246 | $483,828 | $3,255 | $218 | $570 | $4,043 | $173,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.79% 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.
Check a specific budget: how much house you can afford in Oregon by salary · payment on a $500K home in Oregon
Home prices by county in Oregon
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Hood River County | $682,386 | +2.6% | 0.53% | $4,316 | $185,000 |
| Deschutes County | $658,505 | -0.7% | 0.58% | $4,194 | $179,700 |
| Clackamas County | $605,496 | +0.6% | 0.85% | $3,988 | $170,900 |
| Washington County | $555,664 | -1.5% | 0.84% | $3,656 | $156,700 |
| Benton County | $553,203 | +0.3% | 0.95% | $3,693 | $158,300 |
| Clatsop County | $518,689 | +0.4% | 0.69% | $3,349 | $143,500 |
| Tillamook County | $503,694 | +0.4% | 0.6% | $3,214 | $137,800 |
| Yamhill County | $501,668 | -0.8% | 0.73% | $3,254 | $139,500 |
| Multnomah County | $496,807 | +0.2% | 0.96% | $3,319 | $142,200 |
| Polk County | $475,672 | +1.3% | 0.8% | $3,115 | $133,500 |
| Crook County | $471,570 | +0.9% | 0.64% | $3,024 | $129,600 |
| Lincoln County | $470,173 | +0.4% | 0.81% | $3,082 | $132,100 |
| Lane County | $452,807 | +1.0% | 0.82% | $2,973 | $127,400 |
| Curry County | $448,677 | -1.4% | 0.48% | $2,819 | $120,800 |
| Columbia County | $444,644 | -0.6% | 0.74% | $2,891 | $123,900 |
| Wallowa County | $441,217 | +1.6% | 0.57% | $2,806 | $120,300 |
| Marion County | $439,746 | +0.2% | 0.84% | $2,894 | $124,000 |
| Jackson County | $431,214 | +1.1% | 0.74% | $2,801 | $120,100 |
| Jefferson County | $424,796 | +0.4% | 0.69% | $2,744 | $117,600 |
| Linn County | $408,244 | +0.3% | 0.87% | $2,696 | $115,500 |
| Wasco County | $400,158 | +2.2% | 0.77% | $2,610 | $111,900 |
| Josephine County | $388,433 | -0.1% | 0.52% | $2,452 | $105,100 |
| Coos County | $348,767 | -0.5% | 0.68% | $2,248 | $96,300 |
| Douglas County | $339,328 | +0.1% | 0.61% | $2,168 | $92,900 |
| Union County | $332,868 | +3.8% | 0.83% | $2,188 | $93,800 |
| Umatilla County | $312,771 | +2.8% | 0.9% | $2,075 | $88,900 |
| Wheeler County | $310,433 | +5.4% | 0.69% | $2,006 | $86,000 |
| Morrow County | $306,837 | +1.4% | 0.81% | $2,012 | $86,200 |
| Malheur County | $306,087 | +2.8% | 0.75% | $1,991 | $85,300 |
| Klamath County | $303,425 | -0.1% | 0.62% | $1,943 | $83,300 |
| Baker County | $297,516 | -0.4% | 0.78% | $1,944 | $83,300 |
| Sherman County | $289,987 | +4.0% | 0.75% | $1,887 | $80,900 |
| Grant County | $281,746 | +1.9% | 0.73% | $1,828 | $78,400 |
| Gilliam County | $246,679 | +3.3% | 1.01% | $1,658 | $71,000 |
| Harney County | $214,641 | +4.0% | 0.8% | $1,406 | $60,300 |
| Lake County | $194,326 | -4.5% | 0.71% | $1,258 | $53,900 |
Metro areas in Oregon
Frequently asked questions
What is the average home price in Oregon?
The typical home in Oregon is worth $492,753 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Oregon?
About $138,100 a year to buy the typical $492,753 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Oregon?
The typical effective rate is 0.79% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).