Market Overview
Home Prices in Depoe Bay, OR
The median home value in Depoe Bay, OR is $563,961 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Depoe Bay are priced38% above average. Depoe Bay is part of the Newport, OR metro area.
Over the past five years, Depoe Bay home values have risen by approximately19.6%, reflecting steady appreciation in this market.
Price History
Depoe Bay Home Price Trend
City Comparison
Depoe Bay vs. National Median
At $563,961, homes in Depoe Bay cost 38% above the national median of $410,000. Buyers in Depoe Bay should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Depoe Bay?
20% Down Payment
$112,792
on $563,961
Monthly P&I
$2,941/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,735/mo
incl. taxes & insurance
Income Needed
$149,400
gross annual (30% rule)
10% Down Option
$56,396
+ PMI applies
Loan Amount (20% dn)
$451,169
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 Depoe Bay, OR?
The median home value in Depoe Bay is $563,961 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Depoe Bay?
Over the past year, home values in Depoe Bay have increased by 0%. Over five years, prices have risen approximately 19.6%.
How much do I need to earn to buy a home in Depoe Bay?
To comfortably afford the median home price of $563,961 with a 20% down payment ($112,792) at today's rates (6.8%), you'd need a gross annual income of approximately $149,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Depoe Bay compare to the national average home price?
The national median home value is approximately $410,000. At $563,961, homes in Depoe Bay are 38% above the national average.
What metro area is Depoe Bay part of?
Depoe Bay is part of the Newport, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.