Market Overview
Home Prices in Oregon City, OR
The median home value in Oregon City, OR is $608,228 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oregon City are priced48% above average. Oregon City is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Oregon City home values have risen by approximately13.7%, reflecting steady appreciation in this market.
Price History
Oregon City Home Price Trend
City Comparison
Oregon City vs. National Median
At $608,228, homes in Oregon City cost 48% above the national median of $410,000. Buyers in Oregon City should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Oregon City?
20% Down Payment
$121,646
on $608,228
Monthly P&I
$3,172/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,028/mo
incl. taxes & insurance
Income Needed
$161,120
gross annual (30% rule)
10% Down Option
$60,823
+ PMI applies
Loan Amount (20% dn)
$486,582
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 Oregon City, OR?
The median home value in Oregon City is $608,228 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Oregon City?
Over the past year, home values in Oregon City have decreased by 0.1%. Over five years, prices have risen approximately 13.7%.
How much do I need to earn to buy a home in Oregon City?
To comfortably afford the median home price of $608,228 with a 20% down payment ($121,646) at today's rates (6.8%), you'd need a gross annual income of approximately $161,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Oregon City compare to the national average home price?
The national median home value is approximately $410,000. At $608,228, homes in Oregon City are 48% above the national average.
What metro area is Oregon City part of?
Oregon City is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.