Gilliam County, Oregon Housing Market

In Gilliam County, Oregon, the median home value is $189,300, with a median monthly rent of $1,125. This places Gilliam County at #1526 nationally out of 3134 counties by median home value, and #36 within Oregon.

Median Home Value $189,300
Median Rent $1,125/mo
Owner Occupancy 74.1%
Price/Rent Ratio 14.0

📈 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 Gilliam County rose +69.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

688
jobs (private sector)
  • Avg weekly wage: $1,400
  • Establishments: 118
  • BLS QCEW, 2025
🏗️

Housing Supply

2
new units authorized (2025)
  • Single-family: 2
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+50
net migration (filers, 2021-2022)
  • Inflow: 724 (avg $75,058)
  • Outflow: 674 (avg $74,214)
  • IRS Statistics of Income

How Gilliam County Compares

MetricGilliam CountyOregon AverageU.S. Average
Median Home Value $189,300 $386,691 $227,706
Median Gross Rent $1,125 $1,190 $968
Owner Occupancy Rate 74.1% 68.4% 73.3%
Price/Rent Ratio 14.0 26.8 18.7

Market Analysis

The median home value in Gilliam County is 51.0% below the Oregon state average and 16.9% below the U.S. national average. The median rent of $1,125/month is 5.5% below the state average.

With a price-to-rent ratio of 14.0, buying a home in Gilliam County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Gilliam County has an owner-occupancy rate of 74.1%, 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
Ogle County Illinois $189,200 $936
York County Nebraska $189,400 $877
Grainger County Tennessee $189,200 $746
Bledsoe County Tennessee $189,400 $830
Effingham County Illinois $189,500 $733

Other Counties in Oregon

CountyMedian Home ValueMedian RentOwner Occ.
Sherman County $211,800 $1,032 65.9%
Lake County $219,500 $878 67.3%
Grant County $229,700 $789 76.7%
Morrow County $240,400 $995 71.6%
Harney County $242,100 $684 67.4%

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).