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Highest Home Value in Oregon

Top 100 cities ranked by highest home value

Highest Home Value — Oregon

1 Lake Oswego $894,000
2 Raleigh Hills $865,500
3 Cedar Mill $839,200
4 West Haven-Sylvan $743,900
5 West Linn $733,300
6 West Slope $700,700
7 Bethany $699,200
8 Happy Valley $671,800
9 Bull Mountain $670,200
10 Bend $646,800
11 Damascus $637,100
12 Oak Hills $632,600
13 Rockcreek $619,300
14 Hood River $602,800
15 Garden Home-Whitford $602,800
16 Cedar Hills $599,300
17 Tualatin $595,800
18 Tigard $585,700
19 Wilsonville $584,700
20 Ashland $573,700
21 Sherwood $564,200
22 Portland $557,600
23 Beaverton $543,100
24 Oregon City $531,400
25 Oatfield $523,900
26 Deschutes River Woods $506,200
27 Marlene Village $499,300
28 Oak Grove $485,200
29 Hillsboro $483,400
30 Corvallis $480,600
31 Canby $479,500
32 Milwaukie $477,200
33 Aloha $465,500
34 Forest Grove $464,300
35 Gladstone $463,600
36 Silverton $461,800
37 Mount Hood Villages $455,600
38 Newberg $453,700
39 Sandy $450,200
40 Gresham $440,000
41 Troutdale $437,700
42 Jennings Lodge $436,700
43 Eugene $435,400
44 Redmond $435,000
45 Scappoose $430,000
46 Astoria $422,400
47 Cornelius $419,000
48 Molalla $416,900
49 Seaside $413,800
50 Newport $404,800
51 Brookings $398,700
52 Keizer $396,700
53 Stayton $395,400
54 Eagle Point $393,400
55 McMinnville $391,100
56 King City $391,100
57 Medford $387,000
58 Warrenton $386,500
59 Salem $382,400
60 Santa Clara $381,700
61 Monmouth $380,500
62 Philomath $375,600
63 Lincoln City $374,400
64 Talent $365,500
65 Prineville $364,600
66 Grants Pass $364,200
67 River Road $360,400
68 Central Point $357,700
69 Dallas $355,700
70 Creswell $355,100
71 Junction City $353,300
72 Albany $352,900
73 St. Helens $350,900
74 Independence $345,200
75 Hayesville $331,200
76 Florence $331,100
77 Springfield $323,800
78 Cottage Grove $318,800
79 Veneta $318,800
80 The Dalles $318,400
81 Four Corners $313,500
82 Woodburn $308,400
83 North Bend $306,600
84 Lebanon $295,900
85 Madras $291,400
86 Sheridan $281,800
87 Pendleton $276,400
88 White City $273,700
89 Tillamook $272,300
90 Coos Bay $272,100
91 Roseburg $266,600
92 Sutherlin $261,700
93 Klamath Falls $257,400
94 Sweet Home $245,700
95 Hermiston $244,700
96 La Grande $244,200
97 Green $238,200
98 Baker City $233,500
99 Altamont $222,600
100 Winston $219,200

The most expensive housing markets in Oregon reflect areas of high demand, limited supply, and strong local economies. Lake Oswego leads with a median home value of $894,000. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Lake Oswego costs $894,000 — 2.6x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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