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Wasco 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$400,158+2.2% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$86,746About 1.4× the local median income ($63,941): a stretch for a typical household
Days on market90 daysFaster than a year ago: sellers have the edge

The typical home in Wasco County, OR is worth $400,158, up 2.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $319,687, so the area is 25.2% overvalued. It is a buyer's market: homes take about 90 days to sell, listings are up 37% from a year ago, 28% of listings have had a price cut. A household needs about $86,746 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 $63,941. Typical rent is $1,797 a month. In the latest IRS figures, 97 more people moved out than in.

Home value over time

$0K$100K$200K$300K$400K19801990200020102020
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$400,158
Change in 1 year+2.2%
Overvalued %+25.2%
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Fair home value$319,687
Change in 5 years+13.1%
Home value to income6.3×
Monthly mortgage payment (20% down)$2,169
Income needed to afford it$86,746
Property tax rate0.77%

Rent and investing

Typical rent$1,797
Price-to-rent ratio18.6×
HUD Fair Market Rent, 2 bedrooms$1,604
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Gross rental yield5.39%
Cap rate (estimate)3.50%

Market activity

Listings vs a year ago+36.8%
Days on market90
Listings with a price cut28.2%
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Homes for sale119
Pending sales per 100 listings16
Asking price per sq ft$277

People and jobs

Median household income$63,941
Population change (1 year)−0.6%
Unemployment rate7.7%
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Population26,310
Income adjusted for cost of living$65,783
Net moves in (IRS)−97
Cost of living (US = 100)97.2

Schools, risk and environment

School rating (1 to 10)4.4
FEMA hazard risk score (0 to 100)67.8
Unhealthy air days a year0
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Flood risk score59.2
Wildfire risk score98.1
Walkability (1 to 20)9.6
Road, rail and air noise52 dB

Questions people ask

Is Wasco County, OR overvalued?
Home prices in Wasco County, OR are well above what local incomes have historically supported: fair value is about $319,687, so the area is 25.2% overvalued.
Is Wasco County, OR a buyer's or seller's market?
Wasco County, OR is a buyer's market: homes take about 90 days to sell, listings are up 37% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Wasco County, OR?
Home values in Wasco County, OR are up 2.2% over the last year.
How much do you need to earn to buy a home in Wasco County, OR?
A household needs about $86,746 a year to afford the typical home in Wasco County, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,941.

Nearby and similar counties

ZIP codes in Wasco County (open on the map)

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