Market Overview
Home Prices in Otter Rock, OR
The median home value in Otter Rock, OR is $281,107 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 10.8% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Otter Rock are priced31% below average. Otter Rock is part of the Newport, OR metro area.
Over the past five years, Otter Rock home values have risen by approximately1.4%, reflecting modest growth in this market.
Price History
Otter Rock Home Price Trend
City Comparison
Otter Rock vs. National Median
At $281,107, homes in Otter Rock cost 31% below the national median of $410,000. This makes Otter Rock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Otter Rock?
20% Down Payment
$56,221
on $281,107
Monthly P&I
$1,466/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,862/mo
incl. taxes & insurance
Income Needed
$74,480
gross annual (30% rule)
10% Down Option
$28,111
+ PMI applies
Loan Amount (20% dn)
$224,886
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 Otter Rock, OR?
The median home value in Otter Rock is $281,107 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 10.8% year-over-year.
How much have home prices changed in Otter Rock?
Over the past year, home values in Otter Rock have decreased by 10.8%. Over five years, prices have risen approximately 1.4%.
How much do I need to earn to buy a home in Otter Rock?
To comfortably afford the median home price of $281,107 with a 20% down payment ($56,221) at today's rates (6.8%), you'd need a gross annual income of approximately $74,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Otter Rock compare to the national average home price?
The national median home value is approximately $410,000. At $281,107, homes in Otter Rock are 31% below the national average.
What metro area is Otter Rock part of?
Otter Rock is part of the Newport, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.