Market Overview
Home Prices in Rockaway Beach, OR
The median home value in Rockaway Beach, OR is $465,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.3% compared to a year ago and down 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rockaway Beach are priced13% above average.
Over the past five years, Rockaway Beach home values have risen by approximately21.4%, reflecting strong long-term appreciation in this market.
Price History
Rockaway Beach Home Price Trend
City Comparison
Rockaway Beach vs. National Median
At $465,129, homes in Rockaway Beach cost 13% above the national median of $410,000. Buyers in Rockaway Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Rockaway Beach?
20% Down Payment
$93,026
on $465,129
Monthly P&I
$2,426/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,081/mo
incl. taxes & insurance
Income Needed
$123,240
gross annual (30% rule)
10% Down Option
$46,513
+ PMI applies
Loan Amount (20% dn)
$372,103
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 Rockaway Beach, OR?
The median home value in Rockaway Beach is $465,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.3% year-over-year.
How much have home prices changed in Rockaway Beach?
Over the past year, home values in Rockaway Beach have decreased by 1.3%. Over five years, prices have risen approximately 21.4%.
How much do I need to earn to buy a home in Rockaway Beach?
To comfortably afford the median home price of $465,129 with a 20% down payment ($93,026) at today's rates (6.8%), you'd need a gross annual income of approximately $123,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Rockaway Beach compare to the national average home price?
The national median home value is approximately $410,000. At $465,129, homes in Rockaway Beach are 13% above the national average.