Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Douglas County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $308,120 | $406,286 | $242,182 |
| Price Trend (Annual %) | 8.7% | 10.7% | 8.2% |
| Median Gross Rent | $994 | $1,449 | $1,342 |
| Rent Trend (Annual %) | 3.9% | 6.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Douglas County is about 24% lower than in Oregon. Rent is about 31% lower than the Oregon average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Douglas County, up about 8.7% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Douglas County rose about 32.3% between 2015 and 2023, from $751 to $994. Over the same span, rent in Oregon rose about 59.8%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in Douglas County.
Buying the median-priced home in Douglas County costs roughly 25.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Douglas County. The price-to-rent ratio in Oregon is about 23.4.
| Metric | Douglas County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $308,120 | $406,286 | $242,182 |
| Median Household Income | $58,810 | $80,923 | $78,145 |
| Price-to-Income Ratio | 5.2 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Douglas County rose about 44.4%, while median household income rose about 45.9% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Douglas County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.6% | 58.6% | 58.2% |
| Rental Rate | 26.2% | 33.9% | 31.3% |
| Vacancy Rate | 7.1% | 7.5% | 10.6% |
| Median Tenure (years) | 15.0 | 13.0 | 15.0 |
| Median Year Moved In | 2011 | 2013 | 2011 |
Douglas County has a homeownership rate of 66.6%, higher than the Oregon average of 58.6%. Its housing vacancy rate is 7.1%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Douglas County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.44 people | 2.54 people |
| Median Structure Built Year | 1976 | 1980 | 1978 |
| Median Number of Rooms | 5.6 | 5.4 | 5.5 |
The typical housing unit in Douglas County was built around 1976. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Douglas County, Oregon.
What is the median home price in Douglas County, Oregon?
The median home price in Douglas County, Oregon is $308,120, lower than the Oregon average of $406,286.
What is the average home price in Douglas County, Oregon?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Douglas County, Oregon?
The median gross rent in Douglas County, Oregon is $994 per month, lower than the Oregon average of $1,449.
What was the median gross rent in Douglas County in 2020?
In 2020, the median gross rent in Douglas County, Oregon was $869 per month.
What is the price-to-rent ratio in Douglas County, Oregon?
The price-to-rent ratio in Douglas County, Oregon is about 25.8, meaning it would take roughly 25.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Douglas County.
Are home prices or rent rising faster in Douglas County, Oregon?
Both home prices and rent are rising in Douglas County, up about 8.7% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Douglas County, Oregon?
66.6% of households in Douglas County, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Douglas County, Oregon?
The housing vacancy rate in Douglas County, Oregon is 7.1%, lower than the Oregon average of 7.5%.