Oregon Average Home Price by City (2026)

The average home price in Oregon (OR) is about $468,500 — the 2026 median, at ~$299/sq ft — 59% more expensive than the typical U.S. home.

$468,500
Oregon median value
$299
Median price / sq ft
~1,570
sq ft a median budget buys
+59%
vs U.S. median
Portland — $546,000PortlandSalem — $462,000SalemEugene — $531,500EugeneBeaverton — $494,000Bend — $710,500BendLincoln City — $533,000Klamath Falls — $287,000Klamath Falls

Shaded by price · click a city to explore. Colour = median home value.

Considering a move to Oregon?

Housing in Oregon is 59% more expensive than the national average, with a typical home around $468,500 and a local rate near $299 per square foot. Among the 8 Oregon cities we track, Bend is the most expensive (median $710,500) and Klamath Falls is the most affordable (median $287,000) — so where you land in the state matters as much as the state itself.

Browse Oregon cities

Bend$710,500Portland$546,000Lincoln City$533,000Eugene$531,500Beaverton$494,000Salem$462,000Grants Pass$403,000Klamath Falls$287,000

See the cheapest (and most expensive) places to live in Oregon.

Don’t see your city? Use the free Home Value Estimator for any U.S. ZIP, see the most expensive ZIP codes in America, or browse the full U.S. directory.

Salary needed to buy a home in Oregon

To buy the typical $468,500 home in Oregon with 20% down, you need a household income of roughly $127,000 a year (about $2,970 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $151,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$23,400$3,700/mo$158,000/yr
10% (+PMI)$46,900$3,530/mo$151,000/yr
20%$93,700$2,970/mo$127,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in Oregon

At about $299 per square foot, here is roughly how much home different budgets get you in Oregon:

BudgetApprox. sizeWhat that looks like locally
$250k840 sq ftbelow the local median — condos, smaller or older homes
$300k1000 sq ftbelow the local median — condos, smaller or older homes
$400k1340 sq ftaround the typical home here
$500k1670 sq ftaround the typical home here
$600k2010 sq ftaround the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Oregon so you can compare your current home against every Oregon city we track.

Oregon home prices: frequently asked

What salary do you need to buy a house in Oregon? +
For the typical $468,500 home in Oregon, a household income of about $127,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $151,000; with 5% down about $158,000.
What is the average home price in Oregon? +
The average home price in Oregon is about $468,500 as of 2026, at roughly $299 per square foot — 59% more expensive than the U.S. median of $294,000. That figure is the statewide median across the ZIP codes we track, which is what most price reports mean by the average.
What is the median home price in Oregon (OR)? +
About $468,500 in 2026. The median is the mid-point home — half of homes cost more, half less — and it is the better yardstick than a true mean, which a handful of luxury sales can drag upward. At $299/sq ft, a median budget in Oregon buys roughly 1,570 sq ft of home.
Where is Oregon most and least expensive? +
Among the 8 Oregon cities tracked here, Bend is the priciest (median $710,500) and Klamath Falls is the most affordable (median $287,000). ZIP-level prices within one city vary further, so check the city page for your area.