Jefferson County, Oregon Housing Market
In Jefferson County, Oregon, the median home value is $374,200, with a median monthly rent of $941. This places Jefferson County at #355 nationally out of 3134 counties by median home value, and #21 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: $1,069
- Establishments: 592
- BLS QCEW, 2025
Housing Supply
- Single-family: 112
- Multi-family: 22
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,374 (avg $61,220)
- Outflow: 8,730 (avg $60,915)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Jefferson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 97734 | 321.3 | — | 2025 |
| 2 | 97741 | 315.6 | +4.43% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Jefferson County Compares
| Metric | Jefferson County | Oregon Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $374,200 | $386,691 | $227,706 |
| Median Gross Rent | $941 | $1,190 | $968 |
| Owner Occupancy Rate | 72.0% | 68.4% | 73.3% |
| Price/Rent Ratio | 33.1 | 26.8 | 18.7 |
Market Analysis
The median home value in Jefferson County is 3.2% below the Oregon state average and 64.3% above the U.S. national average. The median rent of $941/month is 20.9% below the state average.
With a price-to-rent ratio of 33.1, Jefferson 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.
Jefferson County has an owner-occupancy rate of 72.0%, 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 |
|---|---|---|---|
| Washtenaw County | Michigan | $374,100 | $1,463 |
| Fort Bend County | Texas | $374,500 | $1,807 |
| Worcester County | Maryland | $374,700 | $1,159 |
| Transylvania County | North Carolina | $373,600 | $967 |
| Providence County | Rhode Island | $373,600 | $1,312 |
Other Counties in Oregon
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Linn County | $376,400 | $1,320 | 66.9% |
| Wasco County | $367,400 | $1,008 | 67.5% |
| Curry County | $381,300 | $1,241 | 74.2% |
| Wallowa County | $394,800 | $981 | 72.5% |
| Josephine County | $404,300 | $1,194 | 71.7% |
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).