Wheeler County, Oregon Housing Market Prices
Wheeler 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 2% above the Oregon median More expensive than 77% of counties in Oregon$416,666
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Median rent 43% below the Oregon median Among the top 5 cheapest counties in Oregon$869
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wheeler County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $416,666 | $406,603 | $248,835 |
| Price Trend (Annual %) | 42.8% | 9.4% | 7.5% |
| Median Gross Rent | $869 | $1,525 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wheeler County is about 2% higher than in Oregon. Rent is about 43% lower than the Oregon average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Wheeler County, up about 42.8% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Wheeler County rose about 60.0% between 2015 and 2024, from $543 to $869. Over the same span, rent in Oregon rose about 68.2%.
Affordability
On average, housing unit costs 7.6 yearly household incomes in Wheeler County.
Buying the median-priced home in Wheeler County costs roughly 39.9 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 Wheeler County. The price-to-rent ratio in Oregon is about 22.2.
| Metric | Wheeler County | Oregon Avg | US Average |
|---|---|---|---|
| Median Home Price | $416,666 | $406,603 | $248,835 |
| Median Household Income | $54,900 | $83,617 | $80,455 |
| Price-to-Income Ratio | 7.6 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Wheeler County rose about 316.8%, while median household income rose about 55.3% 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 | Wheeler County | Oregon Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.6% | 58.6% | 58.5% |
| Rental Rate | 21.8% | 33.9% | 31.2% |
| Vacancy Rate | 22.6% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Wheeler County has a homeownership rate of 55.6%, lower than the Oregon average of 58.6%. Its housing vacancy rate is 22.6%, compared with 7.5% in Oregon.
Housing Stock
| Metric | Wheeler County | Oregon Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.08 people | 2.41 people | 2.53 people |
| Median Structure Built Year | 1970 | 1980 | 1978 |
| Median Number of Rooms | 5.4 | 5.3 | 5.5 |
The typical housing unit in Wheeler County was built around 1970. On average, 2.1 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Wheeler County, Oregon.
What is the median home price in Wheeler County, Oregon?
The median home price in Wheeler County, Oregon is $416,667, higher than the Oregon average of $406,603.
What is the average home price in Wheeler County, Oregon?
The typical home price in Wheeler County, Oregon, reported as the median sale price, is $416,667. 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 Wheeler County, Oregon?
The median gross rent in Wheeler County, Oregon is $869 per month, lower than the Oregon average of $1,525.
What was the median gross rent in Wheeler County in 2020?
In 2020, the median gross rent in Wheeler County, Oregon was $714 per month.
What is the price-to-rent ratio in Wheeler County, Oregon?
The price-to-rent ratio in Wheeler County, Oregon is about 39.9, meaning it would take roughly 39.9 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 Wheeler County.
Are home prices or rent rising faster in Wheeler County, Oregon?
Both home prices and rent are rising in Wheeler County, up about 42.8% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wheeler County, Oregon?
55.6% of households in Wheeler County, Oregon own their home, lower than the Oregon average of 58.6%.
What is the vacancy rate in Wheeler County, Oregon?
The housing vacancy rate in Wheeler County, Oregon is 22.6%, higher than the Oregon average of 7.5%.
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