Market Overview
Home Prices in Welches, OR
The median home value in Welches, OR is $438,239 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Welches are priced7% above average. Welches is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Welches home values have risen by approximately14.9%, reflecting steady appreciation in this market.
Price History
Welches Home Price Trend
City Comparison
Welches vs. National Median
At $438,239, homes in Welches cost 7% above the national median of $410,000. Buyers in Welches should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Welches?
20% Down Payment
$87,648
on $438,239
Monthly P&I
$2,286/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,903/mo
incl. taxes & insurance
Income Needed
$116,120
gross annual (30% rule)
10% Down Option
$43,824
+ PMI applies
Loan Amount (20% dn)
$350,591
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 Welches, OR?
The median home value in Welches is $438,239 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Welches?
Over the past year, home values in Welches have decreased by 0.7%. Over five years, prices have risen approximately 14.9%.
How much do I need to earn to buy a home in Welches?
To comfortably afford the median home price of $438,239 with a 20% down payment ($87,648) at today's rates (6.8%), you'd need a gross annual income of approximately $116,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Welches compare to the national average home price?
The national median home value is approximately $410,000. At $438,239, homes in Welches are 7% above the national average.
What metro area is Welches part of?
Welches is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.