Market Overview
Home Prices in Forest Grove, OR
The median home value in Forest Grove, OR is $528,052 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forest Grove are priced29% above average. Forest Grove is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Forest Grove home values have risen by approximately9.2%, reflecting steady appreciation in this market.
Price History
Forest Grove Home Price Trend
City Comparison
Forest Grove vs. National Median
At $528,052, homes in Forest Grove cost 29% above the national median of $410,000. Buyers in Forest Grove should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Forest Grove?
20% Down Payment
$105,610
on $528,052
Monthly P&I
$2,754/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,498/mo
incl. taxes & insurance
Income Needed
$139,920
gross annual (30% rule)
10% Down Option
$52,805
+ PMI applies
Loan Amount (20% dn)
$422,442
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 Forest Grove, OR?
The median home value in Forest Grove is $528,052 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Forest Grove?
Over the past year, home values in Forest Grove have decreased by 1.8%. Over five years, prices have risen approximately 9.2%.
How much do I need to earn to buy a home in Forest Grove?
To comfortably afford the median home price of $528,052 with a 20% down payment ($105,610) at today's rates (6.8%), you'd need a gross annual income of approximately $139,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Forest Grove compare to the national average home price?
The national median home value is approximately $410,000. At $528,052, homes in Forest Grove are 29% above the national average.
What metro area is Forest Grove part of?
Forest Grove is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.