Jefferson County, Oregon Housing Market Prices
Jefferson County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 29% below the Oregon median$289,999
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Median rent 38% below the Oregon median Cheaper than 83% of counties in Oregon$941
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jefferson County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $289,999 | $406,603 | $248,835 |
| Price Trend (Annual %) | 13.1% | 9.4% | 7.5% |
| Median Gross Rent | $941 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 2.2% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jefferson County is about 29% lower than in Oregon. Rent is about 38% lower than the Oregon average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jefferson County, up about 13.1% and 2.2% a year respectively. Home prices are changing faster.
Median rent in Jefferson County rose about 25.3% between 2015 and 2024, from $751 to $941. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Jefferson County.
Buying the median-priced home in Jefferson County costs roughly 25.7 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 Jefferson County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Jefferson County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $289,999 | $406,603 | $248,835 |
| Median Household Income | $76,058 | $83,617 | $80,455 |
| Price-to-Income Ratio | 3.8 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jefferson County rose about 122.1%, while median household income rose about 73.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jefferson County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.9% | 58.6% | 58.5% |
| Rental Rate | 23.3% | 33.9% | 31.2% |
| Vacancy Rate | 16.9% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 13.0 | 15.0 |
| Median Year Moved In | 2011 | 2013 | 2011 |
Jefferson County has a homeownership rate of 59.9%, higher than the Oregon average of 58.6%. Its housing vacancy rate is 16.9%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Jefferson County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1989 | 1980 | 1978 |
| Median Number of Rooms | 5.7 | 5.3 | 5.5 |
The typical housing unit in Jefferson County was built around 1989. On average, 2.7 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Jefferson County, OR Housing Compared With Nearby Counties
How Jefferson County, OR compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jefferson County, OR | 25,203 | $289,999 #3/3 | $941 #3/3 | 72.0% #1/3 |
| Wasco County, OR | 26,553 | $333,688 | $1,008 | 67.5% |
| Deschutes County, OR | 206,229 | $619,015 | $1,787 | 70.0% |
Frequently Asked Questions
Common questions about the housing market in Jefferson County, Oregon.
What is the median home price in Jefferson County, Oregon?
The median home price in Jefferson County, Oregon is $289,999, lower than the Oregon average of $406,603.
What is the average home price in Jefferson County, Oregon?
The typical home price in Jefferson County, Oregon, reported as the median sale price, is $289,999. 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 Jefferson County, Oregon?
The median gross rent in Jefferson County, Oregon is $941 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Jefferson County in 2020?
In 2020, the median gross rent in Jefferson County, Oregon was $819 per month.
What is the price-to-rent ratio in Jefferson County, Oregon?
The price-to-rent ratio in Jefferson County, Oregon is about 25.7, meaning it would take roughly 25.7 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 Jefferson County.
Are home prices or rent rising faster in Jefferson County, Oregon?
Both home prices and rent are rising in Jefferson County, up about 13.1% and 2.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jefferson County, Oregon?
59.9% of households in Jefferson County, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Jefferson County, Oregon?
The housing vacancy rate in Jefferson County, Oregon is 16.9%, higher than the Oregon average of 7.5%.
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