Market Overview
Home Prices in Cave Junction, OR
The median home value in Cave Junction, OR is $299,436 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cave Junction are priced27% below average. Cave Junction is part of the Grants Pass, OR metro area.
Over the past five years, Cave Junction home values have risen by approximately6.0%, reflecting steady appreciation in this market.
Price History
Cave Junction Home Price Trend
City Comparison
Cave Junction vs. National Median
At $299,436, homes in Cave Junction cost 27% below the national median of $410,000. This makes Cave Junction a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cave Junction?
20% Down Payment
$59,887
on $299,436
Monthly P&I
$1,562/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,984/mo
incl. taxes & insurance
Income Needed
$79,360
gross annual (30% rule)
10% Down Option
$29,944
+ PMI applies
Loan Amount (20% dn)
$239,549
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 Cave Junction, OR?
The median home value in Cave Junction is $299,436 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Cave Junction?
Over the past year, home values in Cave Junction have decreased by 1.6%. Over five years, prices have risen approximately 6.0%.
How much do I need to earn to buy a home in Cave Junction?
To comfortably afford the median home price of $299,436 with a 20% down payment ($59,887) at today's rates (6.8%), you'd need a gross annual income of approximately $79,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Cave Junction compare to the national average home price?
The national median home value is approximately $410,000. At $299,436, homes in Cave Junction are 27% below the national average.
What metro area is Cave Junction part of?
Cave Junction is part of the Grants Pass, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.