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Oregon.

12th most expensive state. Typical home $492,753 (+0.0% in a year), estimated payment $2,716 a month. As of Sep 2026.

What it costs per month · Oregon $2,586/mo

to buy the typical home at today's mortgage rate — +$1,249 (+93%) since Jan 2020.

What the home itself did
1 year
Up $153 +0%
$492,600$492,753 since Sep 2025
5 years
Up $32,466 +7%
$460,286$492,753 since Sep 2021
10 years
Up $193,051 +64%
$299,701$492,753 since Sep 2016

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 Oregon $2,586 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • Oregon$2,586
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 51 years.

Typical home values in Oregon rose 0.0% over the past year — slower than the nation's +1.2%.

Buying the typical Oregon home now takes 39% of the median household income ($83,011/yr, ACS 2020–2024) — the standard affordability line is 30%.

Share of median income needed to buy

Monthly payment for the typical home against the local median household income. Income is an annual survey, stepped — the saw-teeth are survey years, not markets.

20% 30% 40% 2011 2014 2017 2020 2023 2026 Oregon 37.39% United States 28.57%
20% 30% 40% 2014 2020 2026
  • Oregon37.39%
  • United States28.57%

Oregon home values

Zillow Home Value Index against the national figure. Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 $400,000 $500,000 2002 2006 2010 2014 2018 2022 2026 Oregon $492,753 United States $366,157
$100,000 $200,000 $300,000 $400,000 $500,000 2002 2010 2018 2026
  • Oregon$492,753
  • United States$366,157

Metros in Oregon

Metros Counties Cities

Largest first, by population. Zillow publishes rent for fewer metros than home values, so a dash means no series — not a market at zero.

# Metro Rent 1-yr Δ Home value 1-yr Δ
1 Hood River $2,618 +38.3% $682,387 +2.6%
2 Bend $2,218 +3.2% $658,500 -0.7%
3 Corvallis $1,811 +1.2% $553,196 +0.3%
4 Portland $1,803 +1.1% $539,403 -0.2%
5 Astoria $1,745 +3.0% $518,697 +0.4%
6 Prineville $1,799 +3.2% $471,510 +0.9%
7 Newport $2,043 +8.5% $470,137 +0.4%
8 Eugene $1,771 +2.1% $452,797 +1.0%
9 Brookings — — $448,555 -1.3%
10 Salem $1,646 -0.1% $447,087 +0.4%
11 Medford $1,848 +3.0% $431,210 +1.1%
12 Albany $1,635 +1.0% $408,252 +0.3%
13 The Dalles $1,797 +0.9% $400,078 +2.2%
14 Grants Pass $1,595 +3.5% $388,435 -0.1%
15 Ontario $1,434 +2.4% $370,248 +3.9%
16 Coos Bay $1,744 +5.0% $348,739 -0.5%
17 Roseburg $1,326 +2.8% $339,366 +0.1%
18 La Grande $1,181 +4.1% $332,858 +3.8%
19 Hermiston $1,583 +0.9% $312,088 +2.7%
20 Klamath Falls $1,295 +1.3% $303,425 -0.1%

Go deeper: every zip in Oregon.