Market Overview
Home Prices in Hebo, OR
The median home value in Hebo, OR is $390,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and down 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hebo are priced5% below average. Hebo is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Hebo home values have risen by approximately17.8%, reflecting steady appreciation in this market.
Price History
Hebo Home Price Trend
City Comparison
Hebo vs. National Median
At $390,549, homes in Hebo cost 5% below the national median of $410,000. This makes Hebo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hebo?
20% Down Payment
$78,110
on $390,549
Monthly P&I
$2,037/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,587/mo
incl. taxes & insurance
Income Needed
$103,480
gross annual (30% rule)
10% Down Option
$39,055
+ PMI applies
Loan Amount (20% dn)
$312,439
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 Hebo, OR?
The median home value in Hebo is $390,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Hebo?
Over the past year, home values in Hebo have increased by 5.2%. Over five years, prices have risen approximately 17.8%.
How much do I need to earn to buy a home in Hebo?
To comfortably afford the median home price of $390,549 with a 20% down payment ($78,110) at today's rates (6.8%), you'd need a gross annual income of approximately $103,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Hebo compare to the national average home price?
The national median home value is approximately $410,000. At $390,549, homes in Hebo are 5% below the national average.
What metro area is Hebo part of?
Hebo is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.