Harney County, Oregon Housing Market
In Harney County, Oregon, the median home value is $242,100, with a median monthly rent of $684. This places Harney County at #955 nationally out of 3134 counties by median home value, and #31 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: $805
- Establishments: 266
- BLS QCEW, 2025
Housing Supply
- Single-family: 12
- Multi-family: 22
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,729 (avg $56,196)
- Outflow: 2,492 (avg $55,585)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Harney County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Harney County →How Harney County Compares
| Metric | Harney County | Oregon Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $242,100 | $386,691 | $227,706 |
| Median Gross Rent | $684 | $1,190 | $968 |
| Owner Occupancy Rate | 67.4% | 68.4% | 73.3% |
| Price/Rent Ratio | 29.5 | 26.8 | 18.7 |
Market Analysis
The median home value in Harney County is 37.4% below the Oregon state average and 6.3% above the U.S. national average. The median rent of $684/month is 42.5% below the state average.
With a price-to-rent ratio of 29.5, Harney 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.
Harney County has an owner-occupancy rate of 67.4%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Wayne County | Pennsylvania | $242,100 | $1,038 |
| Lebanon County | Pennsylvania | $242,000 | $1,110 |
| Hughes County | South Dakota | $242,000 | $990 |
| Hamilton County | Ohio | $241,900 | $1,075 |
| Kalamazoo County | Michigan | $241,800 | $1,093 |
Other Counties in Oregon
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Morrow County | $240,400 | $995 | 71.6% |
| Malheur County | $248,900 | $821 | 63.2% |
| Grant County | $229,700 | $789 | 76.7% |
| Lake County | $219,500 | $878 | 67.3% |
| Sherman County | $211,800 | $1,032 | 65.9% |
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).