Buying a home in Oregon
Property taxes, transfer taxes, home values and first-time buyer help in Oregon.
For home buyers in Oregon: the taxes and typical costs of buying, with official sources.
At Oregon's effective rate of 0.81%, a typical $492,753 home would owe about $3,991/year ($333/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.
Oregon Housing and Community Services
Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Oregon Housing and Community Services →
Next steps
Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-11-01.
Common questions
What is the property tax rate in Oregon?
The effective property tax rate in Oregon is 0.81%: the median tax of $3,876 divided by the median home value of $477,600 (U.S. Census Bureau ACS 2020–2024).
What is a typical home value in Oregon?
$492,753 in September 2026, according to the Zillow Home Value Index.
Who offers first-time homebuyer help in Oregon?
Oregon Housing and Community Services, the state housing finance agency, offers down payment assistance and lower-rate loans for eligible buyers.
Updated . Official sources: U.S. Census Bureau ACS, Zillow Research ZHVI.
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