Market Overview
Home Prices in Canby, OR
The median home value in Canby, OR is $599,456 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Canby are priced46% above average. Canby is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Canby home values have risen by approximately14.7%, reflecting steady appreciation in this market.
Price History
Canby Home Price Trend
City Comparison
Canby vs. National Median
At $599,456, homes in Canby cost 46% above the national median of $410,000. Buyers in Canby should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Canby?
20% Down Payment
$119,891
on $599,456
Monthly P&I
$3,126/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,970/mo
incl. taxes & insurance
Income Needed
$158,800
gross annual (30% rule)
10% Down Option
$59,946
+ PMI applies
Loan Amount (20% dn)
$479,565
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Canby, OR?
The median home value in Canby is $599,456 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Canby?
Over the past year, home values in Canby have increased by 1.3%. Over five years, prices have risen approximately 14.7%.
How much do I need to earn to buy a home in Canby?
To comfortably afford the median home price of $599,456 with a 20% down payment ($119,891) at today's rates (6.8%), you'd need a gross annual income of approximately $158,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Canby compare to the national average home price?
The national median home value is approximately $410,000. At $599,456, homes in Canby are 46% above the national average.
What metro area is Canby part of?
Canby is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.