Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$306,837+1.4% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 13% have cut their price
Income needed to buy, per year$66,516About 0.9× the local median income ($77,596): affordable for a typical household
Days on market117 daysSlower than a year ago: buyers have time to negotiate
The typical home in Morrow County, OR is worth $306,837, up 1.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $260,461, so the area is 17.8% overvalued. It is a seller's market: homes take about 117 days to sell, listings are down 24% from a year ago, 13% of listings have had a price cut. A household needs about $66,516 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 $77,596. Typical rent is $1,859 a month. In the latest IRS figures, 6 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
$306,837
Change in 1 year
+1.4%
Overvalued %
+17.8%
Show 6 more
Fair home value
$260,461
Change in 5 years
+18.8%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,663
Income needed to afford it
$66,516
Property tax rate
0.81%
Rent and investing
Typical rent
$1,859
Price-to-rent ratio
13.8×
HUD Fair Market Rent, 2 bedrooms
$1,014
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Gross rental yield
7.27%
Cap rate (estimate)
4.72%
Market activity
Listings vs a year ago
−24.3%
Days on market
117
Listings with a price cut
12.7%
Show 3 more
Homes for sale
28
Pending sales per 100 listings
75
Asking price per sq ft
$182
People and jobs
Median household income
$77,596
Population change (1 year)
+1.2%
Unemployment rate
2.4%
Show 4 more
Population
12,602
Income adjusted for cost of living
$79,831
Net moves in (IRS)
−6
Cost of living (US = 100)
97.2
Schools, risk and environment
School rating (1 to 10)
3.3
FEMA hazard risk score (0 to 100)
26.4
Flood risk score
40.1
Show 3 more
Wildfire risk score
92.0
Walkability (1 to 20)
7.0
Road, rail and air noise
54 dB
Questions people ask
Is Morrow County, OR overvalued?
Home prices in Morrow County, OR are well above what local incomes have historically supported: fair value is about $260,461, so the area is 17.8% overvalued.
Is Morrow County, OR a buyer's or seller's market?
Morrow County, OR is a seller's market: homes take about 117 days to sell, listings are down 24% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Morrow County, OR?
Home values in Morrow County, OR are up 1.4% over the last year.
How much do you need to earn to buy a home in Morrow County, OR?
A household needs about $66,516 a year to afford the typical home in Morrow County, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,596.