Oregon Average Home Price by City (2026)

The average home price in Oregon (OR) is about $459,500 — the 2026 median, at ~$294/sq ft — 59% more expensive than the typical U.S. home.

$459,500
Oregon median value
$294
Median price / sq ft
~1,560
sq ft a median budget buys
+59%
vs U.S. median
Portland — $547,500PortlandEugene — $519,000EugeneBeaverton — $486,500Salem — $454,500SalemBend — $699,500BendLincoln City — $524,000Klamath Falls — $275,000Klamath 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 $459,500 and a local rate near $294 per square foot. Among the 8 Oregon cities we track, Bend is the most expensive (median $699,500) and Klamath Falls is the most affordable (median $275,000) — so where you land in the state matters as much as the state itself.

Browse Oregon cities

Bend$699,500Portland$547,500Lincoln City$524,000Eugene$519,000Beaverton$486,500Salem$454,500Grants Pass$396,000Klamath Falls$275,000

Oregon home prices by county

17 Oregon counties with enough data for their own page, priciest first:

Clackamas County$605,000Washington County$570,000Yamhill County$525,000Multnomah County$501,000Lane County$483,000Lincoln County$479,000Marion County$471,000Tillamook County$462,000Columbia County$447,500Linn County$440,000Jackson County$439,000Josephine County$412,000Douglas County$364,000Coos County$322,500Umatilla County$297,000Klamath County$293,000Grant County$289,500

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.

Home value appreciation in Oregon

Home prices in Oregon have risen about 86% over the last 10 years (≈6.4% a year) and +110.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +0.9% — roughly flat. A home worth $459,500 today was worth roughly $247,709 ten years ago.

+0.9%
1-year change
+34.9%
5-year change
+85.5%
10-year change
+110.5%
20-year change

See where that trend takes a specific home with the home appreciation calculator — nationally the median state is +85.6% over 10 years. Past appreciation is a track record, not a forecast; local prices can fall.

Calculators for Oregon

Run the numbers for Oregon with the local rates already filled in — change any input to test your own situation.

Property taxannual tax at local effective ratesAffordability by salarythe price your income supports hereMonthly paymentPITI on a home at this priceRent affordabilityyour max rent vs the local medianUtility costselectric, gas, water and internet per monthHome insurancetypical premium for this stateCost to buildnew-construction cost per sq ft here

Salary needed to buy a home in Oregon

To buy the typical $459,500 home in Oregon with 20% down, you need a household income of roughly $125,000 a year (about $2,920 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $149,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$23,000$3,630/mo$155,000/yr
10% (+PMI)$46,000$3,470/mo$149,000/yr
20%$91,900$2,920/mo$125,000/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 $294 per square foot, here is roughly how much home different budgets get you in Oregon:

BudgetApprox. sizeWhat that looks like locally
$250k850 sq ftbelow the local median — condos, smaller or older homes
$300k1020 sq ftbelow the local median — condos, smaller or older homes
$400k1360 sq ftaround the typical home here
$500k1700 sq ftaround the typical home here
$600k2040 sq ftabove the median — larger homes or the pricier ZIPs

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 $459,500 home in Oregon, a household income of about $125,000 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 $149,000; with 5% down about $155,000.
What is the average home price in Oregon? +
The average home price in Oregon is about $459,500 as of 2026, at roughly $294 per square foot — 59% more expensive than the U.S. median of $289,000. 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 $459,500 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 $294/sq ft, a median budget in Oregon buys roughly 1,560 sq ft of home.
Where is Oregon most and least expensive? +
Among the 8 Oregon cities tracked here, Bend is the priciest (median $699,500) and Klamath Falls is the most affordable (median $275,000). ZIP-level prices within one city vary further, so check the city page for your area.
Are home values in Oregon going up? +
Over the last 10 years home prices in Oregon changed about +85.5% (≈6.4% a year), and +0.9% in the latest year, according to the FHFA house price index through 2025. Over 20 years: +110.5%. Past gains are not a guarantee of future ones.