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📍 Sprague River, OR · Zillow ZHVI · July 2026

Average Home Price in
Sprague River, OR

Klamath Falls, OR metro area · Klamath County County

Median Home Value
$293,090
↓ 0.1% year-over-year
vs. National Median
$410,000
Sprague River is 29% below
Est. Monthly Payment
$1,529/mo
20% down · 6.8% rate
Income Needed
$78K
gross annual (30% rule)
Median Home Value
$293,090
↓ 0.1% year-over-year
Down Payment (20%)$58,618
Monthly P&I$1,529/mo
With Taxes & Ins.~$1,942/mo
Income Needed$77,680/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Sprague River, OR

The median home value in Sprague River, OR is $293,090 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and up 1.3% from two years prior.

Compared to the U.S. national median of $410,000, homes in Sprague River are priced29% below average. Sprague River is part of the Klamath Falls, OR metro area.

City Comparison

Sprague River vs. National Median

🏠 Sprague River
$293,090
National Median
$410,000

At $293,090, homes in Sprague River cost 29% below the national median of $410,000. This makes Sprague River a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Sprague River?

20% Down Payment
$58,618
on $293,090
Monthly P&I
$1,529/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,942/mo
incl. taxes & insurance
Income Needed
$77,680
gross annual (30% rule)
10% Down Option
$29,309
+ PMI applies
Loan Amount (20% dn)
$234,472
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 Sprague River, OR?
The median home value in Sprague River is $293,090 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 Sprague River?
Over the past year, home values in Sprague River have decreased by 0.1%.
How much do I need to earn to buy a home in Sprague River?
To comfortably afford the median home price of $293,090 with a 20% down payment ($58,618) at today's rates (6.8%), you'd need a gross annual income of approximately $77,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Sprague River compare to the national average home price?
The national median home value is approximately $410,000. At $293,090, homes in Sprague River are 29% below the national average.
What metro area is Sprague River part of?
Sprague River is part of the Klamath Falls, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.