Market Overview
Home Prices in Sweet Home, OR
The median home value in Sweet Home, OR is $354,517 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sweet Home are priced14% below average. Sweet Home is part of the Albany-Lebanon, OR metro area.
Over the past five years, Sweet Home home values have risen by approximately19.4%, reflecting steady appreciation in this market.
Price History
Sweet Home Home Price Trend
City Comparison
Sweet Home vs. National Median
At $354,517, homes in Sweet Home cost 14% below the national median of $410,000. This makes Sweet Home a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sweet Home?
20% Down Payment
$70,903
on $354,517
Monthly P&I
$1,849/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,348/mo
incl. taxes & insurance
Income Needed
$93,920
gross annual (30% rule)
10% Down Option
$35,452
+ PMI applies
Loan Amount (20% dn)
$283,614
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 Sweet Home, OR?
The median home value in Sweet Home is $354,517 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 Sweet Home?
Over the past year, home values in Sweet Home have decreased by 0.1%. Over five years, prices have risen approximately 19.4%.
How much do I need to earn to buy a home in Sweet Home?
To comfortably afford the median home price of $354,517 with a 20% down payment ($70,903) at today's rates (6.8%), you'd need a gross annual income of approximately $93,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Sweet Home compare to the national average home price?
The national median home value is approximately $410,000. At $354,517, homes in Sweet Home are 14% below the national average.
What metro area is Sweet Home part of?
Sweet Home is part of the Albany-Lebanon, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.