These Oregon cities have the fastest-growing home prices: Zillow (2024)

by: Stacker

Posted: Jun 15, 2024 / 07:30 AM PDT

Updated: Jun 14, 2024 / 10:58 AM PDT

PORTLAND, Ore. (STACKER) — The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $359,402 in April, 4.4% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Oregon using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending April 2024.

Data was available for 50 cities and towns in Oregon.

50. Irrigon

• Typical home value: $304,580
• 1-year price change: +$16,683 (+5.8%)
• 5-year price change: +$131,348 (+75.8%)
• Metro area: Hermiston-Pendleton, OR

49. Millersburg

• Typical home value: $584,673
• 1-year price change: +$16,755 (+3.0%)
• 5-year price change: +$197,783 (+51.1%)
• Metro area: Albany-Lebanon, OR

48. Redmond

• Typical home value: $513,858
• 1-year price change: +$16,842 (+3.4%)
• 5-year price change: +$182,337 (+55.0%)
• Metro area: Bend, OR

47. Clackamas

• Typical home value: $596,292
• 1-year price change: +$16,908 (+2.9%)
• 5-year price change: +$170,294 (+40.0%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

46. Carlton

• Typical home value: $558,168
• 1-year price change: +$16,912 (+3.1%)
• 5-year price change: +$174,308 (+45.4%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

45. Brightwood

• Typical home value: $479,062
• 1-year price change: +$16,915 (+3.7%)
• 5-year price change: +$153,237 (+47.0%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

44. Mill City

• Typical home value: $354,272
• 1-year price change: +$16,951 (+5.0%)
• 5-year price change: +$128,107 (+56.6%)
• Metro area: Albany-Lebanon, OR

43. Donald

• Typical home value: $458,472
• 1-year price change: +$16,990 (+3.8%)
• 5-year price change: +$140,816 (+44.3%)
• Metro area: Salem, OR

42. Oregon City

• Typical home value: $607,107
• 1-year price change: +$17,173 (+2.9%)
• 5-year price change: +$175,742 (+40.7%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

41. Siletz

• Typical home value: $411,671
• 1-year price change: +$17,199 (+4.4%)
• 5-year price change: +$161,955 (+64.9%)
• Metro area: Newport, OR

40. Manzanita

• Typical home value: $830,079
• 1-year price change: +$17,263 (+2.1%)
• 5-year price change: +$317,099 (+61.8%)
• Metro area: not in a metro area

39. Crescent

• Typical home value: $258,795
• 1-year price change: +$17,270 (+7.2%)
• 5-year price change: +$110,391 (+74.4%)
• Metro area: Klamath Falls, OR

38. Aurora

• Typical home value: $694,048
• 1-year price change: +$17,406 (+2.6%)
• 5-year price change: +$221,018 (+46.7%)
• Metro area: Salem, OR

37. Dunes City

• Typical home value: $615,548
• 1-year price change: +$17,419 (+2.9%)
• 5-year price change: +$225,351 (+57.8%)
• Metro area: Eugene-Springfield, OR

36. Elkton

• Typical home value: $452,921
• 1-year price change: +$17,551 (+4.0%)
• 5-year price change: +$155,779 (+52.4%)
• Metro area: Roseburg, OR

35. Spray

• Typical home value: $364,102
• 1-year price change: +$17,619 (+5.1%)
• 5-year price change: +$132,091 (+56.9%)
• Metro area: not in a metro area

34. North Powder

• Typical home value: $223,981
• 1-year price change: +$17,748 (+8.6%)
• 5-year price change: +$90,296 (+67.5%)
• Metro area: La Grande, OR

33. Hood River

• Typical home value: $705,892
• 1-year price change: +$17,759 (+2.6%)
• 5-year price change: +$222,099 (+45.9%)
• Metro area: Hood River, OR

32. Lafayette

• Typical home value: $440,797
• 1-year price change: +$17,795 (+4.2%)
• 5-year price change: +$138,199 (+45.7%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

31. Pleasant Hill

• Typical home value: $659,922
• 1-year price change: +$18,019 (+2.8%)
• 5-year price change: +$210,510 (+46.8%)
• Metro area: Eugene-Springfield, OR

30. Rickreall

• Typical home value: $718,010
• 1-year price change: +$18,402 (+2.6%)
• 5-year price change: +$219,141 (+43.9%)
• Metro area: Salem, OR

29. Yachats

• Typical home value: $533,188
• 1-year price change: +$18,810 (+3.7%)
• 5-year price change: +$207,314 (+63.6%)
• Metro area: Newport, OR

28. Garden Home-Whitford

• Typical home value: $658,388
• 1-year price change: +$19,016 (+3.0%)
• 5-year price change: +$177,237 (+36.8%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

27. Jennings Lodge

• Typical home value: $535,922
• 1-year price change: +$19,100 (+3.7%)
• 5-year price change: +$144,302 (+36.8%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

26. Coburg

• Typical home value: $564,963
• 1-year price change: +$19,378 (+3.6%)
• 5-year price change: +$190,282 (+50.8%)
• Metro area: Eugene-Springfield, OR

25. Rockcreek

• Typical home value: $650,470
• 1-year price change: +$19,815 (+3.1%)
• 5-year price change: +$181,168 (+38.6%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

24. Banks

• Typical home value: $619,728
• 1-year price change: +$19,828 (+3.3%)
• 5-year price change: +$166,739 (+36.8%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

23. Seal Rock

• Typical home value: $526,636
• 1-year price change: +$20,466 (+4.0%)
• 5-year price change: +$224,869 (+74.5%)
• Metro area: Newport, OR

22. Joseph

• Typical home value: $487,141
• 1-year price change: +$20,799 (+4.5%)
• 5-year price change: +$195,458 (+67.0%)
• Metro area: not in a metro area

21. Eagle Creek

• Typical home value: $669,025
• 1-year price change: +$20,826 (+3.2%)
• 5-year price change: +$197,530 (+41.9%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

20. Corvallis

• Typical home value: $549,172
• 1-year price change: +$21,219 (+4.0%)
• 5-year price change: +$166,494 (+43.5%)
• Metro area: Corvallis, OR

19. Arch Cape

• Typical home value: $936,738
• 1-year price change: +$23,238 (+2.5%)
• 5-year price change: +$357,336 (+61.7%)
• Metro area: Astoria, OR

18. Dundee

• Typical home value: $596,792
• 1-year price change: +$23,244 (+4.1%)
• 5-year price change: +$192,158 (+47.5%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

17. West Linn

• Typical home value: $780,980
• 1-year price change: +$23,939 (+3.2%)
• 5-year price change: +$238,251 (+43.9%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

16. Durham

• Typical home value: $766,994
• 1-year price change: +$24,283 (+3.3%)
• 5-year price change: +$225,986 (+41.8%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

15. Yamhill

• Typical home value: $587,717
• 1-year price change: +$24,364 (+4.3%)
• 5-year price change: +$174,559 (+42.2%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

14. Eddyville

• Typical home value: $409,919
• 1-year price change: +$25,595 (+6.7%)
• 5-year price change: +$172,078 (+72.4%)
• Metro area: Newport, OR

13. Boring

• Typical home value: $719,956
• 1-year price change: +$26,769 (+3.9%)
• 5-year price change: +$209,345 (+41.0%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

12. West Slope

• Typical home value: $782,169
• 1-year price change: +$27,792 (+3.7%)
• 5-year price change: +$225,897 (+40.6%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

11. Lake Oswego

• Typical home value: $911,335
• 1-year price change: +$28,513 (+3.2%)
• 5-year price change: +$281,894 (+44.8%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

10. Crescent Lake

• Typical home value: $437,293
• 1-year price change: +$29,707 (+7.3%)
• 5-year price change: +$169,893 (+63.5%)
• Metro area: Klamath Falls, OR

9. Gales Creek

• Typical home value: $598,743
• 1-year price change: +$31,199 (+5.5%)
• 5-year price change: data not available
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

8. Raleigh Hills

• Typical home value: $948,206
• 1-year price change: +$31,577 (+3.4%)
• 5-year price change: +$287,257 (+43.5%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

7. Dayton

• Typical home value: $509,867
• 1-year price change: +$31,766 (+6.6%)
• 5-year price change: +$179,916 (+54.5%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

6. Bend

• Typical home value: $742,956
• 1-year price change: +$32,039 (+4.5%)
• 5-year price change: +$277,563 (+59.6%)
• Metro area: Bend, OR

5. Gaston

• Typical home value: $657,116
• 1-year price change: +$34,235 (+5.5%)
• 5-year price change: +$212,911 (+47.9%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

4. Amity

• Typical home value: $605,769
• 1-year price change: +$42,803 (+7.6%)
• 5-year price change: +$210,776 (+53.4%)
• Metro area: Portland-Vancouver-Hillsboro, OR-WA

3. Sisters

• Typical home value: $825,090
• 1-year price change: +$43,035 (+5.5%)
• 5-year price change: +$334,060 (+68.0%)
• Metro area: Albany-Lebanon, OR

2. Powell Butte

• Typical home value: $1,020,632
• 1-year price change: +$50,866 (+5.2%)
• 5-year price change: +$416,396 (+68.9%)
• Metro area: Prineville, OR

1. Camp Sherman

• Typical home value: $707,623
• 1-year price change: +$69,443 (+10.9%)
• 5-year price change: data not available
• Metro area: not in a metro area