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 Fairview $410,400
51 Newport $404,800
52 Brookings $398,700
53 Keizer $396,700
54 Stayton $395,400
55 Eagle Point $393,400
56 McMinnville $391,100
57 King City $391,100
58 Medford $387,000
59 Warrenton $386,500
60 Salem $382,400
61 Santa Clara $381,700
62 Monmouth $380,500
63 Philomath $375,600
64 Lincoln City $374,400
65 Talent $365,500
66 Prineville $364,600
67 Grants Pass $364,200
68 River Road $360,400
69 Central Point $357,700
70 Dallas $355,700
71 Creswell $355,100
72 Junction City $353,300
73 Albany $352,900
74 St. Helens $350,900
75 Independence $345,200
76 Hayesville $331,200
77 Florence $331,100
78 Springfield $323,800
79 Cottage Grove $318,800
80 Veneta $318,800
81 The Dalles $318,400
82 Four Corners $313,500
83 Woodburn $308,400
84 North Bend $306,600
85 Lebanon $295,900
86 Madras $291,400
87 Sheridan $281,800
88 Pendleton $276,400
89 White City $273,700
90 Tillamook $272,300
91 Coos Bay $272,100
92 Roseburg $266,600
93 Sutherlin $261,700
94 Klamath Falls $257,400
95 Sweet Home $245,700
96 Hermiston $244,700
97 La Grande $244,200
98 Green $238,200
99 Baker City $233,500
100 Altamont $222,600

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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