Market Overview
Home Prices in Hubbard, OR
The median home value in Hubbard, OR is $491,117 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hubbard are priced20% above average. Hubbard is part of the Salem, OR metro area.
Over the past five years, Hubbard home values have risen by approximately13.9%, reflecting steady appreciation in this market.
Price History
Hubbard Home Price Trend
City Comparison
Hubbard vs. National Median
At $491,117, homes in Hubbard cost 20% above the national median of $410,000. Buyers in Hubbard should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hubbard?
20% Down Payment
$98,223
on $491,117
Monthly P&I
$2,561/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,252/mo
incl. taxes & insurance
Income Needed
$130,080
gross annual (30% rule)
10% Down Option
$49,112
+ PMI applies
Loan Amount (20% dn)
$392,894
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 Hubbard, OR?
The median home value in Hubbard is $491,117 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Hubbard?
Over the past year, home values in Hubbard have decreased by 1.6%. Over five years, prices have risen approximately 13.9%.
How much do I need to earn to buy a home in Hubbard?
To comfortably afford the median home price of $491,117 with a 20% down payment ($98,223) at today's rates (6.8%), you'd need a gross annual income of approximately $130,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Hubbard compare to the national average home price?
The national median home value is approximately $410,000. At $491,117, homes in Hubbard are 20% above the national average.
What metro area is Hubbard part of?
Hubbard is part of the Salem, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.