Oregon Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$118,200

  • -5.0% 1-year change
  • None 1-year forecast

The median home value in Oregon is $118,200. Oregon home values have declined -5.0% over the past year.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Oregon is 2.9%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Oregon homeowners underwater on their mortgage is 18.2%.

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Relative ZHVI
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Oregon Market Overview

Data through Jul 31, 2015
  • $118,200 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $97,500 Median sale price (May 31, 2015)
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Oregon Market Health

Data through Jul 31, 2015
  • 6.0/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 18.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Winnebago $131,200
 
 

Listings & Sales

  • No data
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Oregon Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,277 Oregon
    $1,278 Rochelle Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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