HomeRule

Cost of homeownership in Oregon

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$323,097
Avg property tax
$2,629
Homeownership rate
68.0%
1yr appreciation
0.5%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Clackamas County$532,200
  2. 2.Deschutes County$526,200
  3. 3.Washington County$504,300
  4. 4.Hood River County$492,500
  5. 5.Multnomah County$492,100
  6. 6.Benton County$442,300
  7. 7.Yamhill County$408,500
  8. 8.Clatsop County$407,700
  9. 9.Polk County$382,200
  10. 10.Jackson County$369,500

Most affordable counties

  1. 1.Sherman County14.8%
  2. 2.Wallowa County15.0%
  3. 3.Morrow County15.5%
  4. 4.Umatilla County15.7%
  5. 5.Lake County16.0%
  6. 6.Hood River County16.2%
  7. 7.Klamath County16.4%
  8. 8.Grant County16.4%
  9. 9.Benton County16.8%
  10. 10.Baker County16.9%
Avg electricity
15.4¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,660

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Oregon

Frequently asked questions

How much does it cost to own a home in Oregon?

Based on Census ACS, the state average home value in Oregon is $323,097, with median annual property tax around $2,629. Your actual cost depends on county and property.

What is the property tax in Oregon?

Property tax rates vary by county. Oregon's state average sits at roughly $2,629 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Oregon?

FHFA House Price Index data shows Oregon appreciating 0.5% over the last year and 27.1% over the last five years.

Is homeownership high in Oregon?

Oregon's homeownership rate is 68.0% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.