Market Overview
Home Prices in Garibaldi, OR
The median home value in Garibaldi, OR is $348,745 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.6% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Garibaldi are priced15% below average.
Over the past five years, Garibaldi home values have risen by approximately10.1%, reflecting steady appreciation in this market.
Price History
Garibaldi Home Price Trend
2020
$246,082
$246K
—
2021
$316,787
$317K
+28.7%
2022
$370,960
$371K
+17.1%
2023
$370,642
$371K
-0.1%
2024
$371,422
$371K
+0.2%
2025
$369,319
$369K
-0.6%
2026
$348,745
$349K
-5.6%
City Comparison
Garibaldi vs. National Median
🏠 Garibaldi
$348,745
National Median
$410,000
At $348,745, homes in Garibaldi cost 15% below the national median of $410,000. This makes Garibaldi a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Garibaldi?
20% Down Payment
$69,749
on $348,745
Monthly P&I
$1,819/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,310/mo
incl. taxes & insurance
Income Needed
$92,400
gross annual (30% rule)
10% Down Option
$34,875
+ PMI applies
Loan Amount (20% dn)
$278,996
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 Garibaldi, OR?
The median home value in Garibaldi is $348,745 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.6% year-over-year.
How much have home prices changed in Garibaldi?
Over the past year, home values in Garibaldi have decreased by 5.6%. Over five years, prices have risen approximately 10.1%.
How much do I need to earn to buy a home in Garibaldi?
To comfortably afford the median home price of $348,745 with a 20% down payment ($69,749) at today's rates (6.8%), you'd need a gross annual income of approximately $92,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Garibaldi compare to the national average home price?
The national median home value is approximately $410,000. At $348,745, homes in Garibaldi are 15% below the national average.