Sherman County, Oregon Housing Market
In Sherman County, Oregon, the median home value is $211,800, with a median monthly rent of $1,032. This places Sherman County at #1282 nationally out of 3134 counties by median home value, and #35 within Oregon.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $0
- Establishments: 82
- BLS QCEW, 2025
Migration Patterns
- Inflow: 767 (avg $78,313)
- Outflow: 704 (avg $80,202)
- IRS Statistics of Income
🔗 Explore Sherman County on Our Sister Sites
Get the complete picture for Sherman County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Sherman County Compares
| Metric | Sherman County | Oregon Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $211,800 | $386,691 | $227,706 |
| Median Gross Rent | $1,032 | $1,190 | $968 |
| Owner Occupancy Rate | 65.9% | 68.4% | 73.3% |
| Price/Rent Ratio | 17.1 | 26.8 | 18.7 |
Market Analysis
The median home value in Sherman County is 45.2% below the Oregon state average and 7.0% below the U.S. national average. The median rent of $1,032/month is 13.3% below the state average.
With a price-to-rent ratio of 17.1, the buy-vs-rent decision in Sherman County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Sherman County has an owner-occupancy rate of 65.9%, 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 |
|---|---|---|---|
| St. James Parish | Louisiana | $211,800 | $903 |
| Alexander County | North Carolina | $211,800 | $764 |
| Madison County | Tennessee | $211,800 | $1,123 |
| McMinn County | Tennessee | $211,800 | $803 |
| Yuma County | Colorado | $211,700 | $942 |
Other Counties in Oregon
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lake County | $219,500 | $878 | 67.3% |
| Grant County | $229,700 | $789 | 76.7% |
| Gilliam County | $189,300 | $1,125 | 74.1% |
| 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).