Baker County, Oregon Housing Market

In Baker County, Oregon, the median home value is $285,600, with a median monthly rent of $865. This places Baker County at #697 nationally out of 3134 counties by median home value, and #26 within Oregon.

Median Home Value $285,600
Median Rent $865/mo
Owner Occupancy 71.5%
Price/Rent Ratio 27.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Baker County rose +8.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,405
jobs (private sector)
  • Avg weekly wage: $969
  • Establishments: 626
  • BLS QCEW, 2025
🏗️

Housing Supply

44
new units authorized (2025)
  • Single-family: 42
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+584
net migration (filers, 2021-2022)
  • Inflow: 6,641 (avg $62,869)
  • Outflow: 6,057 (avg $62,956)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Baker County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 97814 373.4 +8.06% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Baker County Compares

MetricBaker CountyOregon AverageU.S. Average
Median Home Value $285,600 $386,691 $227,706
Median Gross Rent $865 $1,190 $968
Owner Occupancy Rate 71.5% 68.4% 73.3%
Price/Rent Ratio 27.5 26.8 18.7

Market Analysis

The median home value in Baker County is 26.1% below the Oregon state average and 25.4% above the U.S. national average. The median rent of $865/month is 27.3% below the state average.

With a price-to-rent ratio of 27.5, Baker County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Baker County has an owner-occupancy rate of 71.5%, compared to 68.4% in Oregon and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Benzie County Michigan $285,700 $1,026
Crook County Wyoming $285,800 $852
Moore County Tennessee $285,300 $841
Johnson County Texas $285,900 $1,398
Monroe County Indiana $285,200 $1,193

Other Counties in Oregon

CountyMedian Home ValueMedian RentOwner Occ.
Umatilla County $282,600 $997 67.9%
Klamath County $280,400 $991 69.4%
Union County $294,600 $982 65.5%
Wheeler County $272,400 $870 71.8%
Douglas County $310,300 $1,055 72.7%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).