Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$306,087+2.8% YoY · prices are rising
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$66,353About 1.1× the local median income ($60,814): a stretch for a typical household
Days on market75 daysFaster than a year ago: sellers have the edge
The typical home in Malheur County, OR is worth $306,087, up 2.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $261,355, so the area is 17.1% overvalued. It is a balanced market, leaning toward sellers: homes take about 75 days to sell, listings are down 23% from a year ago, 20% of listings have had a price cut. A household needs about $66,353 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,814. In the latest IRS figures, 54 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$306,087
Change in 1 year
+2.8%
Overvalued %
+17.1%
Show 6 more
Fair home value
$261,355
Change in 5 years
+20.4%
Home value to income
5.0×
Monthly mortgage payment (20% down)
$1,659
Income needed to afford it
$66,353
Property tax rate
0.75%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−23.4%
Days on market
75
Listings with a price cut
19.8%
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Homes for sale
85
Pending sales per 100 listings
29
Asking price per sq ft
$213
People and jobs
Median household income
$60,814
Population change (1 year)
−0.3%
Unemployment rate
5.2%
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Population
32,261
Income adjusted for cost of living
$62,566
Net moves in (IRS)
−54
Cost of living (US = 100)
97.2
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
34.8
Flood risk score
52.0
Show 3 more
Wildfire risk score
91.4
Walkability (1 to 20)
9.4
Road, rail and air noise
52 dB
Questions people ask
Is Malheur County, OR overvalued?
Home prices in Malheur County, OR are well above what local incomes have historically supported: fair value is about $261,355, so the area is 17.1% overvalued.
Is Malheur County, OR a buyer's or seller's market?
Malheur County, OR is a balanced market, leaning toward sellers: homes take about 75 days to sell, listings are down 23% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Malheur County, OR?
Home values in Malheur County, OR are up 2.8% over the last year.
How much do you need to earn to buy a home in Malheur County, OR?
A household needs about $66,353 a year to afford the typical home in Malheur County, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,814.