Wasco County, Oregon Housing Market
In Wasco County, Oregon, the median home value is $367,400, with a median monthly rent of $1,008. This places Wasco County at #369 nationally out of 3134 counties by median home value, and #22 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: $1,053
- Establishments: 962
- BLS QCEW, 2025
Housing Supply
- Single-family: 37
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,666 (avg $68,479)
- Outflow: 9,918 (avg $69,148)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Wasco County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 97058 | 344.1 | +2.19% | 2025 |
| 2 | 97040 | 275.0 | +16.03% | 2021 |
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.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Wasco County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Wasco County →How Wasco County Compares
| Metric | Wasco County | Oregon Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $367,400 | $386,691 | $227,706 |
| Median Gross Rent | $1,008 | $1,190 | $968 |
| Owner Occupancy Rate | 67.5% | 68.4% | 73.3% |
| Price/Rent Ratio | 30.4 | 26.8 | 18.7 |
Market Analysis
The median home value in Wasco County is 5.0% below the Oregon state average and 61.3% above the U.S. national average. The median rent of $1,008/month is 15.3% below the state average.
With a price-to-rent ratio of 30.4, Wasco 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.
Wasco County has an owner-occupancy rate of 67.5%, 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 |
|---|---|---|---|
| Merrimack County | New Hampshire | $367,600 | $1,360 |
| Pend Oreille County | Washington | $367,900 | $855 |
| Shasta County | California | $366,400 | $1,317 |
| Latah County | Idaho | $368,600 | $929 |
| Lyon County | Nevada | $366,100 | $1,326 |
Other Counties in Oregon
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jefferson County | $374,200 | $941 | 72.0% |
| Linn County | $376,400 | $1,320 | 66.9% |
| Curry County | $381,300 | $1,241 | 74.2% |
| Wallowa County | $394,800 | $981 | 72.5% |
| Coos County | $337,800 | $1,042 | 71.2% |
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).