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Tillamook County, OR housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$503,694+0.4% YoY · prices are flat
Market right nowBalanced marketFewer homes for sale than last year, 24% have cut their price
Income needed to buy, per year$109,190About 1.6× the local median income ($66,296): hard to afford
Days on market114 daysAbout the same pace as a year ago

The typical home in Tillamook County, OR is worth $503,694, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $463,486, so the area is 8.7% overvalued. It is a balanced market: homes take about 114 days to sell, listings are down 14% from a year ago, 24% of listings have had a price cut. A household needs about $109,190 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 $66,296. Typical rent is $2,172 a month. In the latest IRS figures, 57 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K$500K19801990200020102020
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$503,694
Change in 1 year+0.4%
Overvalued %+8.7%
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Fair home value$463,486
Change in 5 years+9.4%
Home value to income7.6×
Monthly mortgage payment (20% down)$2,730
Income needed to afford it$109,190
Property tax rate0.60%

Rent and investing

Typical rent$2,172
Price-to-rent ratio19.3×
HUD Fair Market Rent, 2 bedrooms$1,301
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Gross rental yield5.17%
Cap rate (estimate)3.36%

Market activity

Listings vs a year ago−14.0%
Days on market114
Listings with a price cut23.5%
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Homes for sale271
Pending sales per 100 listings27
Asking price per sq ft$359

People and jobs

Median household income$66,296
Population change (1 year)−0.1%
Unemployment rate4.5%
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Population27,384
Income adjusted for cost of living$68,206
Net moves in (IRS)+57
Cost of living (US = 100)97.2

Schools, risk and environment

School rating (1 to 10)3.9
FEMA hazard risk score (0 to 100)81.3
Flood risk score76.3
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Wildfire risk score43.6
Walkability (1 to 20)7.9
Road, rail and air noise54 dB

Questions people ask

Is Tillamook County, OR overvalued?
Home prices in Tillamook County, OR are slightly above what local incomes have historically supported: fair value is about $463,486, so the area is 8.7% overvalued.
Is Tillamook County, OR a buyer's or seller's market?
Tillamook County, OR is a balanced market: homes take about 114 days to sell, listings are down 14% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Tillamook County, OR?
Home values in Tillamook County, OR are up 0.4% over the last year.
How much do you need to earn to buy a home in Tillamook County, OR?
A household needs about $109,190 a year to afford the typical home in Tillamook County, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,296.

Nearby and similar counties

ZIP codes in Tillamook County (open on the map)

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