Market Overview
Home Prices in Siletz, OR
The median home value in Siletz, OR is $440,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.9% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Siletz are priced8% above average. Siletz is part of the Newport, OR metro area.
Over the past five years, Siletz home values have risen by approximately17.2%, reflecting steady appreciation in this market.
Price History
Siletz Home Price Trend
2020
$302,434
$302K
—
2021
$376,138
$376K
+24.4%
2022
$434,448
$434K
+15.5%
2023
$445,263
$445K
+2.5%
2024
$461,676
$462K
+3.7%
2025
$454,015
$454K
-1.7%
2026
$440,921
$441K
-2.9%
City Comparison
Siletz vs. National Median
🏠 Siletz
$440,921
National Median
$410,000
At $440,921, homes in Siletz cost 8% above the national median of $410,000. Buyers in Siletz should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Siletz?
20% Down Payment
$88,184
on $440,921
Monthly P&I
$2,300/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,921/mo
incl. taxes & insurance
Income Needed
$116,840
gross annual (30% rule)
10% Down Option
$44,092
+ PMI applies
Loan Amount (20% dn)
$352,737
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 Siletz, OR?
The median home value in Siletz is $440,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.9% year-over-year.
How much have home prices changed in Siletz?
Over the past year, home values in Siletz have decreased by 2.9%. Over five years, prices have risen approximately 17.2%.
How much do I need to earn to buy a home in Siletz?
To comfortably afford the median home price of $440,921 with a 20% down payment ($88,184) at today's rates (6.8%), you'd need a gross annual income of approximately $116,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Siletz compare to the national average home price?
The national median home value is approximately $410,000. At $440,921, homes in Siletz are 8% above the national average.
What metro area is Siletz part of?
Siletz is part of the Newport, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.