Market Overview
Home Prices in Drain, OR
The median home value in Drain, OR is $315,468 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Drain are priced23% below average. Drain is part of the Roseburg, OR metro area.
Over the past five years, Drain home values have risen by approximately14.5%, reflecting steady appreciation in this market.
Price History
Drain Home Price Trend
2020
$223,175
$223K
—
2021
$275,479
$275K
+23.4%
2022
$309,724
$310K
+12.4%
2023
$308,521
$309K
-0.4%
2024
$316,998
$317K
+2.7%
2025
$313,338
$313K
-1.2%
2026
$315,468
$315K
+0.7%
City Comparison
Drain vs. National Median
🏠 Drain
$315,468
National Median
$410,000
At $315,468, homes in Drain cost 23% below the national median of $410,000. This makes Drain a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Drain?
20% Down Payment
$63,094
on $315,468
Monthly P&I
$1,645/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,089/mo
incl. taxes & insurance
Income Needed
$83,560
gross annual (30% rule)
10% Down Option
$31,547
+ PMI applies
Loan Amount (20% dn)
$252,374
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 Drain, OR?
The median home value in Drain is $315,468 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Drain?
Over the past year, home values in Drain have increased by 0.7%. Over five years, prices have risen approximately 14.5%.
How much do I need to earn to buy a home in Drain?
To comfortably afford the median home price of $315,468 with a 20% down payment ($63,094) at today's rates (6.8%), you'd need a gross annual income of approximately $83,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Drain compare to the national average home price?
The national median home value is approximately $410,000. At $315,468, homes in Drain are 23% below the national average.
What metro area is Drain part of?
Drain is part of the Roseburg, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.