Market Overview
Home Prices in Cannon Beach, OR
The median home value in Cannon Beach, OR is $932,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cannon Beach are priced127% above average. Cannon Beach is part of the Astoria, OR metro area.
Over the past five years, Cannon Beach home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Cannon Beach Home Price Trend
City Comparison
Cannon Beach vs. National Median
At $932,323, homes in Cannon Beach cost 127% above the national median of $410,000. Buyers in Cannon Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Cannon Beach?
20% Down Payment
$186,465
on $932,323
Monthly P&I
$4,862/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,175/mo
incl. taxes & insurance
Income Needed
$247,000
gross annual (30% rule)
10% Down Option
$93,232
+ PMI applies
Loan Amount (20% dn)
$745,858
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 Cannon Beach, OR?
The median home value in Cannon Beach is $932,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Cannon Beach?
Over the past year, home values in Cannon Beach have increased by 2.5%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Cannon Beach?
To comfortably afford the median home price of $932,323 with a 20% down payment ($186,465) at today's rates (6.8%), you'd need a gross annual income of approximately $247,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Cannon Beach compare to the national average home price?
The national median home value is approximately $410,000. At $932,323, homes in Cannon Beach are 127% above the national average.
What metro area is Cannon Beach part of?
Cannon Beach is part of the Astoria, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.