Wheeler County, Oregon Housing Market

In Wheeler County, Oregon, the median home value is $272,400, with a median monthly rent of $870. This places Wheeler County at #767 nationally out of 3134 counties by median home value, and #29 within Oregon.

Median Home Value $272,400
Median Rent $870/mo
Owner Occupancy 71.8%
Price/Rent Ratio 26.1

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

0
jobs (private sector)
  • Avg weekly wage: $0
  • Establishments: 55
  • BLS QCEW, 2025
🚚

Migration Patterns

+22
net migration (filers, 2021-2022)
  • Inflow: 482 (avg $62,234)
  • Outflow: 460 (avg $63,230)
  • IRS Statistics of Income

How Wheeler County Compares

MetricWheeler CountyOregon AverageU.S. Average
Median Home Value $272,400 $386,691 $227,706
Median Gross Rent $870 $1,190 $968
Owner Occupancy Rate 71.8% 68.4% 73.3%
Price/Rent Ratio 26.1 26.8 18.7

Market Analysis

The median home value in Wheeler County is 29.6% below the Oregon state average and 19.6% above the U.S. national average. The median rent of $870/month is 26.9% below the state average.

With a price-to-rent ratio of 26.1, Wheeler 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.

Wheeler County has an owner-occupancy rate of 71.8%, 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

CountyStateMedian Home ValueMedian Rent
Pike County Pennsylvania $272,600 $1,378
Oneida County Idaho $272,000 $859
Boone County Missouri $272,800 $1,088
Polk County Wisconsin $271,900 $957
Jerome County Idaho $271,800 $966

Other Counties in Oregon

CountyMedian Home ValueMedian RentOwner Occ.
Klamath County $280,400 $991 69.4%
Umatilla County $282,600 $997 67.9%
Baker County $285,600 $865 71.5%
Union County $294,600 $982 65.5%
Malheur County $248,900 $821 63.2%

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).