Tillamook County, Oregon Housing Market

In Tillamook County, Oregon, the median home value is $430,200, with a median monthly rent of $1,246. This places Tillamook County at #228 nationally out of 3134 counties by median home value, and #13 within Oregon.

Median Home Value $430,200
Median Rent $1,246/mo
Owner Occupancy 74.3%
Price/Rent Ratio 28.8

📈 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 Tillamook County rose +0.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,886
jobs (private sector)
  • Avg weekly wage: $989
  • Establishments: 936
  • BLS QCEW, 2025
🏗️

Housing Supply

77
new units authorized (2025)
  • Single-family: 73
  • Multi-family: 4
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+851
net migration (filers, 2021-2022)
  • Inflow: 11,481 (avg $83,666)
  • Outflow: 10,630 (avg $77,749)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Tillamook County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 97149 267.7 — 2025
2 97107 328.3 -5.37% 2025
3 97130 342.7 +6.56% 2024
4 97141 298.3 -0.71% 2025
5 97136 322.6 +0.25% 2025
6 97112 248.9 +1.10% 2024
7 97135 358.0 +16.26% 2023

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.

How Tillamook County Compares

MetricTillamook CountyOregon AverageU.S. Average
Median Home Value $430,200 $386,691 $227,706
Median Gross Rent $1,246 $1,190 $968
Owner Occupancy Rate 74.3% 68.4% 73.3%
Price/Rent Ratio 28.8 26.8 18.7

Market Analysis

The median home value in Tillamook County is 11.3% above the Oregon state average and 88.9% above the U.S. national average. The median rent of $1,246/month is 4.7% above the state average.

With a price-to-rent ratio of 28.8, Tillamook 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.

Tillamook County has an owner-occupancy rate of 74.3%, 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
Jackson County Oregon $430,200 $1,358
Mineral County Colorado $430,500 $928
Lane County Oregon $430,600 $1,355
Clark County Nevada $431,000 $1,626
Tooele County Utah $431,600 $1,189

Other Counties in Oregon

CountyMedian Home ValueMedian RentOwner Occ.
Jackson County $430,200 $1,358 65.9%
Lane County $430,600 $1,355 59.7%
Columbia County $421,600 $1,373 76.1%
Marion County $416,400 $1,414 62.3%
Lincoln County $410,800 $1,201 71.5%

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).