Oregon · Home Values · 2024
Oregon home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in Oregon is $477,600. Across the 36 counties measured, home values range from $189,300 in Gilliam, OR to $660,000 in Hood River, OR.
Oregon median home value, 2024
Most expensive counties in Oregon
| County | Median home value |
|---|---|
| Hood River, OR | $660,000 |
| Deschutes, OR | $650,900 |
| Clackamas, OR | $611,000 |
| Washington, OR | $588,000 |
| Multnomah, OR | $552,700 |
Most affordable counties in Oregon
| County | Median home value |
|---|---|
| Gilliam, OR | $189,300 |
| Sherman, OR | $211,800 |
| Lake, OR | $219,500 |
| Grant, OR | $229,700 |
| Morrow, OR | $240,400 |
Average vs median home price — what's the difference?
The figure $477,600 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in Oregon is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For Oregon specifically, the Census also reports a median monthly rent of $1,525 and a price-to-income ratio of 5.8×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore Oregon on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open Oregon on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare Oregon side-by-side with the national rankings: