Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$441,217+1.6% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 13% have cut their price
Income needed to buy, per year$95,647About 1.4× the local median income ($67,150): a stretch for a typical household
Days on market96 daysAbout the same pace as a year ago
The typical home in Wallowa County, OR is worth $441,217, up 1.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $387,970, so the area is 13.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 8% from a year ago, 13% of listings have had a price cut. A household needs about $95,647 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 $67,150. In the latest IRS figures, 28 more people moved in than out.
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
$441,217
Change in 1 year
+1.6%
Overvalued %
+13.7%
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Fair home value
$387,970
Change in 5 years
+21.1%
Home value to income
6.6×
Monthly mortgage payment (20% down)
$2,391
Income needed to afford it
$95,647
Property tax rate
0.57%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,116
Market activity
Listings vs a year ago
+8.3%
Days on market
96
Listings with a price cut
12.9%
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Homes for sale
65
Pending sales per 100 listings
15
Asking price per sq ft
$273
People and jobs
Median household income
$67,150
Population change (1 year)
−0.0%
Unemployment rate
3.8%
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Population
7,595
Income adjusted for cost of living
$69,084
Net moves in (IRS)
+28
Cost of living (US = 100)
97.2
Schools, risk and environment
School rating (1 to 10)
8.6
FEMA hazard risk score (0 to 100)
34.0
Unhealthy air days a year
0
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Flood risk score
48.9
Wildfire risk score
92.7
Walkability (1 to 20)
7.5
Road, rail and air noise
53 dB
Questions people ask
Is Wallowa County, OR overvalued?
Home prices in Wallowa County, OR are well above what local incomes have historically supported: fair value is about $387,970, so the area is 13.7% overvalued.
Is Wallowa County, OR a buyer's or seller's market?
Wallowa County, OR is a balanced market, leaning toward buyers: homes take about 96 days to sell, listings are up 8% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Wallowa County, OR?
Home values in Wallowa County, OR are up 1.6% over the last year.
How much do you need to earn to buy a home in Wallowa County, OR?
A household needs about $95,647 a year to afford the typical home in Wallowa County, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,150.