Market Overview
Home Prices in Myrtle Creek, OR
The median home value in Myrtle Creek, OR is $294,842 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Myrtle Creek are priced28% below average. Myrtle Creek is part of the Roseburg, OR metro area.
Over the past five years, Myrtle Creek home values have risen by approximately20.8%, reflecting strong long-term appreciation in this market.
Price History
Myrtle Creek Home Price Trend
City Comparison
Myrtle Creek vs. National Median
At $294,842, homes in Myrtle Creek cost 28% below the national median of $410,000. This makes Myrtle Creek a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Myrtle Creek?
20% Down Payment
$58,968
on $294,842
Monthly P&I
$1,538/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,953/mo
incl. taxes & insurance
Income Needed
$78,120
gross annual (30% rule)
10% Down Option
$29,484
+ PMI applies
Loan Amount (20% dn)
$235,874
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 Myrtle Creek, OR?
The median home value in Myrtle Creek is $294,842 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Myrtle Creek?
Over the past year, home values in Myrtle Creek have increased by 1.5%. Over five years, prices have risen approximately 20.8%.
How much do I need to earn to buy a home in Myrtle Creek?
To comfortably afford the median home price of $294,842 with a 20% down payment ($58,968) at today's rates (6.8%), you'd need a gross annual income of approximately $78,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Myrtle Creek compare to the national average home price?
The national median home value is approximately $410,000. At $294,842, homes in Myrtle Creek are 28% below the national average.
What metro area is Myrtle Creek part of?
Myrtle Creek is part of the Roseburg, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.