Wasco County, Oregon Housing Market Prices
Wasco 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 18% below the Oregon median$333,688
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Median rent 34% below the Oregon median$1,008
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wasco County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $333,688 | $406,603 | $248,835 |
| Price Trend (Annual %) | 12.1% | 9.4% | 7.5% |
| Median Gross Rent | $1,008 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wasco County is about 18% lower than in Oregon. Rent is about 34% 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 Wasco County, up about 12.1% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Wasco County rose about 33.7% between 2015 and 2024, from $754 to $1,008. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in Wasco County.
Buying the median-priced home in Wasco County costs roughly 27.6 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 Wasco County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Wasco County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $333,688 | $406,603 | $248,835 |
| Median Household Income | $64,105 | $83,617 | $80,455 |
| Price-to-Income Ratio | 5.2 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wasco County rose about 141.3%, while median household income rose about 50.1% 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 | Wasco County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.5% | 58.6% | 58.5% |
| Rental Rate | 28.1% | 33.9% | 31.2% |
| Vacancy Rate | 13.4% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 13.0 | 15.0 |
| Median Year Moved In | 2011 | 2013 | 2011 |
Wasco County has a homeownership rate of 58.5%, about the same as the Oregon average of 58.6%. Its housing vacancy rate is 13.4%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Wasco County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1971 | 1980 | 1978 |
| Median Number of Rooms | 5.4 | 5.3 | 5.5 |
The typical housing unit in Wasco County was built around 1971. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Wasco County, Oregon.
What is the median home price in Wasco County, Oregon?
The median home price in Wasco County, Oregon is $333,688, lower than the Oregon average of $406,603.
What is the average home price in Wasco County, Oregon?
The typical home price in Wasco County, Oregon, reported as the median sale price, is $333,688. 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 Wasco County, Oregon?
The median gross rent in Wasco County, Oregon is $1,008 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Wasco County in 2020?
In 2020, the median gross rent in Wasco County, Oregon was $821 per month.
What is the price-to-rent ratio in Wasco County, Oregon?
The price-to-rent ratio in Wasco County, Oregon is about 27.6, meaning it would take roughly 27.6 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 Wasco County.
Are home prices or rent rising faster in Wasco County, Oregon?
Both home prices and rent are rising in Wasco County, up about 12.1% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wasco County, Oregon?
58.5% of households in Wasco County, Oregon own their home, about the same as the Oregon average.
What is the vacancy rate in Wasco County, Oregon?
The housing vacancy rate in Wasco County, Oregon is 13.4%, higher than the Oregon average of 7.5%.
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