Grant County, Oregon Housing Market
In Grant County, Oregon, the median home value is $229,700, with a median monthly rent of $789. This places Grant County at #1081 nationally out of 3134 counties by median home value, and #33 within Oregon.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $916
- Establishments: 259
- BLS QCEW, 2025
Housing Supply
- Single-family: 6
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,786 (avg $62,087)
- Outflow: 2,535 (avg $62,683)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Grant County Compares
| Metric | Grant County | Oregon Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $229,700 | $386,691 | $227,706 |
| Median Gross Rent | $789 | $1,190 | $968 |
| Owner Occupancy Rate | 76.7% | 68.4% | 73.3% |
| Price/Rent Ratio | 24.3 | 26.8 | 18.7 |
Market Analysis
The median home value in Grant County is 40.6% below the Oregon state average and 0.9% above the U.S. national average. The median rent of $789/month is 33.7% below the state average.
With a price-to-rent ratio of 24.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Grant County has an owner-occupancy rate of 76.7%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lincoln County | Tennessee | $229,700 | $857 |
| Harrison County | Indiana | $229,600 | $836 |
| Baltimore city | Maryland | $229,600 | $1,331 |
| Cole County | Missouri | $229,600 | $834 |
| Lynchburg city | Virginia | $229,800 | $1,073 |
Other Counties in Oregon
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lake County | $219,500 | $878 | 67.3% |
| Morrow County | $240,400 | $995 | 71.6% |
| Harney County | $242,100 | $684 | 67.4% |
| Sherman County | $211,800 | $1,032 | 65.9% |
| Malheur County | $248,900 | $821 | 63.2% |
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).