Columbia County, Oregon Housing Market

In Columbia County, Oregon, the median home value is $421,600, with a median monthly rent of $1,373. This places Columbia County at #249 nationally out of 3134 counties by median home value, and #14 within Oregon.

Median Home Value $421,600
Median Rent $1,373/mo
Owner Occupancy 76.1%
Price/Rent Ratio 25.6

📈 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 Columbia County rose +0.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,302
jobs (private sector)
  • Avg weekly wage: $1,019
  • Establishments: 1,316
  • BLS QCEW, 2025
🏗️

Housing Supply

84
new units authorized (2025)
  • Single-family: 78
  • Multi-family: 6
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1216
net migration (filers, 2021-2022)
  • Inflow: 21,938 (avg $78,249)
  • Outflow: 20,722 (avg $78,646)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in Columbia County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 97064 312.4 +11.54% 2025
2 97231 234.9 -12.57% 2025
3 97018 259.6 +1.47% 2025
4 97051 278.8 -3.24% 2025
5 97048 264.7 -3.10% 2025
6 97056 275.9 +4.32% 2025
7 97053 275.9 +0.68% 2025
8 97054 252.2 +17.97% 2022

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 Columbia County Compares

MetricColumbia CountyOregon AverageU.S. Average
Median Home Value $421,600 $386,691 $227,706
Median Gross Rent $1,373 $1,190 $968
Owner Occupancy Rate 76.1% 68.4% 73.3%
Price/Rent Ratio 25.6 26.8 18.7

Market Analysis

The median home value in Columbia County is 9.0% above the Oregon state average and 85.2% above the U.S. national average. The median rent of $1,373/month is 15.4% above the state average.

With a price-to-rent ratio of 25.6, Columbia 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.

Columbia County has an owner-occupancy rate of 76.1%, compared to 68.4% in Oregon and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Lake County Montana $421,800 $901
Clallam County Washington $421,800 $1,152
Washington County Minnesota $422,000 $1,710
Hillsborough County New Hampshire $421,100 $1,623
Carbon County Montana $420,800 $844

Other Counties in Oregon

CountyMedian Home ValueMedian RentOwner Occ.
Marion County $416,400 $1,414 62.3%
Jackson County $430,200 $1,358 65.9%
Tillamook County $430,200 $1,246 74.3%
Lane County $430,600 $1,355 59.7%
Lincoln County $410,800 $1,201 71.5%

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).