Keizer, Oregon Housing Market Prices
Keizer 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 11% below the Oregon median$361,829
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Median rent 6% below the Oregon median$1,436
Housing Market Overview
| Metric | Keizer | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $361,829 | $406,603 | $248,835 |
| Price Trend (Annual %) | 7.2% | 9.4% | 7.5% |
| Median Gross Rent | $1,436 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 6.6% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Keizer is about 11% lower than in Oregon. Rent is about 6% lower than the Oregon average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Keizer, up about 7.2% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Keizer rose about 75.3% between 2015 and 2024, from $819 to $1,436. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Keizer.
Buying the median-priced home in Keizer costs roughly 21.0 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 Keizer. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Keizer | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $361,829 | $406,603 | $248,835 |
| Median Household Income | $84,517 | $83,617 | $80,455 |
| Price-to-Income Ratio | 4.3 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Keizer rose about 32.0%, while median household income rose about 51.1% between 2009 and 2025 — 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 | Keizer | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.8% | 58.6% | 58.5% |
| Rental Rate | 36.3% | 33.9% | 31.2% |
| Vacancy Rate | 2.8% | 7.5% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Keizer has a homeownership rate of 60.8%, higher than the Oregon average of 58.6%. Its housing vacancy rate is 2.8%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Keizer | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.63 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1980 | 1980 | 1978 |
| Median Number of Rooms | 5.5 | 5.3 | 5.5 |
The typical housing unit in Keizer was built around 1980. On average, 2.6 people live in a home with about 5.5 rooms, staying for about 12.0 years on average.
Keizer, OR Housing Compared With Nearby Cities
How Keizer, OR compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Keizer, OR | 30,546 | $361,829 #2/2 | $1,436 #1/2 | 62.6% #1/2 |
| Salem, OR | 158,986 | $402,155 | $1,384 | 54.5% |
Frequently Asked Questions
Common questions about the housing market in Keizer, Oregon.
What is the median home price in Keizer, Oregon?
The median home price in Keizer, Oregon is $361,829, lower than the Oregon average of $406,603.
What is the average home price in Keizer, Oregon?
The typical home price in Keizer, Oregon, reported as the median sale price, is $361,829. 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 Keizer, Oregon?
The median gross rent in Keizer, Oregon is $1,436 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Keizer in 2020?
In 2020, the median gross rent in Keizer, Oregon was $1,091 per month.
What is the price-to-rent ratio in Keizer, Oregon?
The price-to-rent ratio in Keizer, Oregon is about 21.0, meaning it would take roughly 21.0 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 Keizer.
Are home prices or rent rising faster in Keizer, Oregon?
Both home prices and rent are rising in Keizer, up about 7.2% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Keizer, Oregon?
60.8% of households in Keizer, Oregon own their home, higher than the Oregon average of 58.6%.
What is the vacancy rate in Keizer, Oregon?
The housing vacancy rate in Keizer, Oregon is 2.8%, lower than the Oregon average of 7.5%.
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