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Cities with the priciest residences in Oregon
Acquiring a home is among the most significant investments one can make. Beyond merely providing shelter, owning a home represents an asset with the capability to significantly appreciate over time. Yet as housing costs hit unprecedented levels, affordability becomes an essential consideration for purchasers.
The average home worth in the United States was $360,385 as of October, which reflects a 2.4% increase from the previous year.
Soaring mortgage interest rates are also driving up monthly obligations; on November 14, the 30-year fixed mortgage rate stood at 6.78%.
Even though property values have surged nationwide, certain cities feature significantly higher price tags than others. Factors such as location, size, age, and condition impact home valuations.
Stacker assembled a compilation of municipalities with the highest-priced homes in Oregon using information from Zillow. Communities are ranked according to the Zillow Home Values Index for all residences as of October 2024. The graphs accompanying this article were automatically generated using Matplotlib.
Metropolitan areas with the highest number of cities in the top 30 in Oregon
#1. Portland-Vancouver-Hillsboro, OR-WA: 16
#2. Astoria, OR: 3
#3. Hood River, OR: 2
#3. Salem, OR: 2
#5. Albany-Lebanon, OR: 1
#5. Bend, OR: 1
#5. Eugene-Springfield, OR: 1
#5. Prineville, OR: 1
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#30. Warren
– Average home value: $638,750
– 1-year price shift: +2.4%
– 5-year price shift: +36.9%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#29. Garden Home-Whitford
– Average home value: $638,785
– 1-year price shift: +1.0%
– 5-year price shift: +38.1%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#28. Tualatin
– Average home value: $639,154
– 1-year price shift: -0.3%
– 5-year price shift: +37.7%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#27. Gearhart
– Average home value: $640,020
– 1-year price shift: -0.7%
– 5-year price shift: +58.9%
– Metro area: Astoria, OR
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#26. Gaston
– Average home value: $643,146
– 1-year price shift: +3.6%
– 5-year price shift: +47.8%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#25. Colton
– Average home value: $654,113
– 1-year price shift: +2.8%
– 5-year price shift: +42.4%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#24. Pleasant Hill
– Average home value: $658,002
– 1-year price shift: +0.7%
– 5-year price shift: +46.3%
– Metro area: Eugene-Springfield, OR
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#23. Damascus
– Average home value: $661,138
– 1-year price shift: +1.4%
– 5-year price shift: +37.0%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#22. Eagle Creek
– Average home value: $674,493
– 1-year price shift: +3.4%
– 5-year price shift: +42.4%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#21. Aurora
– Average home value: $679,642
– 1-year price shift: +2.4%
– 5-year price shift: +46.0%
– Metro area: Salem, OR
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#20. Mount Hood Parkdale
– Average home value: $687,275
– 1-year price shift: +0.9%
– 5-year price shift: +41.0%
– Metro area: Hood River, OR
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#19. Happy Valley
– Average home value: $688,492
– 1-year price shift: +0.1%
– 5-year price shift: +37.0%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#18. Hood River
– Average home value: $696,752
– 1-year price shift: +1.1%
– 5-year price shift: +45.6%
– Metro area: Hood River, OR
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#17. Neskowin
– Average home value: $696,902
– 1-year price shift: -0.7%
– 5-year price shift: +54.9%
– Metro area: not in a metro area
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#16. Mulino
– Average home value: $702,313
– 1-year price shift: +1.9%
– 5-year price shift: +37.2%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#15. Camp Sherman
– Average home value: $708,768
– 1-year price shift: +6.7%
– 5-year price shift: data not available
– Metro area: not in a metro area
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#14. Boring
– Average home value: $719,981
– 1-year price shift: +3.5%
– 5-year price shift: +42.0%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#13. Bend
– Average home value: $728,226
– 1-year price shift: +1.2%
– 5-year price shift: +59.4%
– Metro area: Bend, OR
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#12. Rickreall
– Average home value: $739,772
– 1-year price shift: +1.2%
– 5-year price shift: +44.3%
– Metro area: Salem, OR
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#11. Durham
– Average home value: $750,193
– 1-year price shift: +0.5%
– 5-year price shift: +39.5%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#10. West Linn
– Average home value: $766,369
– 1-year price shift: +0.5%
– 5-year price shift: +43.7%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#9. Beavercreek
– Average home value: $767,837
– 1-year price shift: +3.3%
– 5-year price shift: +41.4%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#8. West Slope
– Average home value: $772,006
– 1-year price shift: +0.3%
– 5-year price shift: +40.2%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#7. Sisters
– Average home value: $806,227
– 1-year price shift: +2.9%
– 5-year price shift: +67.5%
– Metro area: Albany-Lebanon, OR
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#6. Manzanita
– Average home value: $842,200
– 1-year price shift: +1.2%
– 5-year price shift: +68.4%
– Metro area: not in a metro area
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#5. Lake Oswego
– Average home value: $895,857
– 1-year price shift: +0.4%
– 5-year price shift: +45.0%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#4. Cannon Beach
– Average home value: $913,868
– 1-year price shift: +1.2%
– 5-year price shift: +69.3%
– Metro area: Astoria, OR
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#3. Raleigh Hills
– Average home value: $928,406
– 1-year price shift: -0.9%
– 5-year price shift: +39.9%
– Metro area: Portland-Vancouver-Hillsboro, OR-WA
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#2. Arch Cape
– Average home value: $969,779
– 1-year price shift: -0.9%
– 5-year price shift: +62.2%
– Metro area: Astoria, OR
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#1. Powell Butte
– Average home value: $1,004,885
– 1-year price shift: +4.8%
– 5-year price shift: +69.5%
– Metro area: Prineville, OR
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By Stacker