What is the cheapest city to buy a house in Oregon?

Klamath Falls, with a median closed price of $268,000 over its reporting window, among Oregon cities where Resideline tracked at least 100 closings inside the city limits.

Are these asking prices or sale prices?

Closed sale prices. Every price median is the price homes actually closed at inside the municipal boundary, not a listing price. The one column measured differently is realized appreciation, which uses the postal city, as the note under the table says.

Why does a cheap city show a high price per square foot?

Because the ranking median covers every property type that closed, condos and multi-family included, while the $/sqft column is single-family houses only. In cities where most sales are condos, the median price is low and the house $/sqft can still be high.

Is the appreciation figure a forecast?

No. It is the median annual change between consecutive sales of the same home, on repeat-sale pairs. It is historical and nominal, and it says what happened, not what will.

Cheapest Cities to Buy a House in Oregon (2026)

Every Oregon city below cleared 100 closings in its window and is ranked by the median price homes actually closed at, not the asking price. The columns beside it are the questions that follow a low price: what you pay per square foot, what the same homes did on resale, and how quickly listings go.

The ranking

#	City	Median closed price	Houses $/sqft	Realized appreciation	Days to contract	Closings	Window
1	Klamath Falls	$268,000	$197	6.18%/yr	43	331	12 months
2	Coos Bay	$301,500	$221	6.08%/yr	13	214	six months
3	Roseburg	$304,450	$230	5.52%/yr	19	216	six months
4	North Bend	$332,000	$232	n/a	24	252	12 months
5	Lebanon	$350,000	$261	7.14%/yr	34	156	six months
6	Grants Pass	$365,000	$254	5.27%/yr	36	436	12 months
7	Florence	$380,000	$295	6.28%/yr	42	165	six months
8	Woodburn	$384,000	$267	5.26%/yr	33	186	six months
9	The Dalles	$389,000	$246	6.77%/yr	14	190	six months
10	Prineville	$405,000	$264	7.17%/yr	49	265	12 months
11	Medford	$414,500	$264	4.63%/yr	23	761	six months
12	Springfield	$415,000	$294	5.34%/yr	15	431	six months
13	Albany	$425,000	$274	6.11%/yr	34	573	six months
14	Keizer	$430,000	$275	n/a	21	249	six months
15	Salem	$439,900	$263	5.56%/yr	25	1,434	six months

1. Klamath Falls, $268,000

The median closed price in Klamath Falls is $268,000 across the last 12 months, which puts it at roughly 54 percent of the state figure. Resideline tracked 331 closings there, roughly 28 a month. On a per-square-foot basis, houses there closed at a median of $197, measured on 302 sales. Between consecutive sales of the same home, prices moved a median 6.18 percent a year (1,123 pairs, postal-area scope), a historical figure rather than a projection. The median listed home took 43 days to go under contract, across 269 listed closings. Full detail is on the Klamath Falls market page.

2. Coos Bay, $301,500

Coos Bay's median closed price over the last six months was $301,500, around 61 percent of what the typical Oregon sale closed at. 214 closings sit behind that figure, about 36 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $221, measured on 174 sales. Between consecutive sales of the same home, prices moved a median 6.08 percent a year (612 pairs, postal-area scope), a historical figure rather than a projection. The median listed home was under contract in 13 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Coos Bay market page.

3. Roseburg, $304,450

Homes in Roseburg closed at a median of $304,450 over the last six months, about 62 percent of the Oregon statewide median. 216 closings sit behind that figure, about 36 a month, enough to price against. Single-family houses closed at a median of $230 per square foot across 175 sales with usable living area. Between consecutive sales of the same home, prices moved a median 5.52 percent a year (1,062 pairs, postal-area scope), a historical figure rather than a projection. Listed homes went under contract in a median of 19 days, which is fast for the state and leaves little time to deliberate. Full detail is on the Roseburg market page.

4. North Bend, $332,000

The median closed price in North Bend is $332,000 across the last 12 months, which puts it at roughly 67 percent of the state figure. Resideline tracked 252 closings there, roughly 21 a month. Single-family houses closed at a median of $232 per square foot across 236 sales with usable living area. Listed homes went under contract in a median of 24 days, which is fast for the state and leaves little time to deliberate. Full detail is on the North Bend market page.

5. Lebanon, $350,000

Lebanon's median closed price over the last six months was $350,000, around 71 percent of what the typical Oregon sale closed at. 156 closings sit behind that figure, about 26 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $261, measured on 119 sales. Between consecutive sales of the same home, prices moved a median 7.14 percent a year (600 pairs, postal-area scope), a historical figure rather than a projection. The median listed home took 34 days to go under contract, across 75 listed closings. Full detail is on the Lebanon market page.

6. Grants Pass, $365,000

The median closed price in Grants Pass is $365,000 across the last 12 months, which puts it at roughly 74 percent of the state figure. Resideline tracked 436 closings there, roughly 36 a month. On a per-square-foot basis, houses there closed at a median of $254, measured on 386 sales. Homes that sold twice appreciated at a median of 5.27 percent a year between those sales, on 1,089 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Listed homes went under contract in a median of 36 days. Full detail is on the Grants Pass market page.

7. Florence, $380,000

Homes in Florence closed at a median of $380,000 over the last six months, about 77 percent of the Oregon statewide median. Resideline tracked 165 closings there, roughly 28 a month. On a per-square-foot basis, houses there closed at a median of $295, measured on 88 sales. Between consecutive sales of the same home, prices moved a median 6.28 percent a year (740 pairs, postal-area scope), a historical figure rather than a projection. The median listed home took 42 days to go under contract, across 119 listed closings. Full detail is on the Florence market page.

8. Woodburn, $384,000

The median closed price in Woodburn is $384,000 across the last six months, which puts it at roughly 78 percent of the state figure. Resideline tracked 186 closings there, roughly 31 a month. Single-family houses closed at a median of $267 per square foot across 157 sales with usable living area. Between consecutive sales of the same home, prices moved a median 5.26 percent a year (514 pairs, postal-area scope), a historical figure rather than a projection. Listed homes went under contract in a median of 33 days. Full detail is on the Woodburn market page.

9. The Dalles, $389,000

Homes in The Dalles closed at a median of $389,000 over the last six months, about 79 percent of the Oregon statewide median. Resideline tracked 190 closings there, roughly 32 a month. Single-family houses closed at a median of $246 per square foot across 164 sales with usable living area. Homes that sold twice appreciated at a median of 6.77 percent a year between those sales, on 333 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home was under contract in 14 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the The Dalles market page.

10. Prineville, $405,000

Prineville's median closed price over the last 12 months was $405,000, around 82 percent of what the typical Oregon sale closed at. 265 closings sit behind that figure, about 22 a month, enough to price against. Single-family houses closed at a median of $264 per square foot across 237 sales with usable living area. Homes that sold twice appreciated at a median of 7.17 percent a year between those sales, on 540 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home took 49 days to go under contract, across 221 listed closings. Full detail is on the Prineville market page.

11. Medford, $414,500

Medford's median closed price over the last six months was $414,500, around 84 percent of what the typical Oregon sale closed at. Resideline tracked 761 closings there, roughly 127 a month. Single-family houses closed at a median of $264 per square foot across 663 sales with usable living area. Homes that sold twice appreciated at a median of 4.63 percent a year between those sales, on 1,998 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home was under contract in 23 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Medford market page.

12. Springfield, $415,000

Springfield's median closed price over the last six months was $415,000, around 84 percent of what the typical Oregon sale closed at. Resideline tracked 431 closings there, roughly 72 a month. Single-family houses closed at a median of $294 per square foot across 352 sales with usable living area. Homes that sold twice appreciated at a median of 5.34 percent a year between those sales, on 1,543 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Listed homes went under contract in a median of 15 days, which is fast for the state and leaves little time to deliberate. Full detail is on the Springfield market page.

13. Albany, $425,000

The median closed price in Albany is $425,000 across the last six months, which puts it at roughly 86 percent of the state figure. Resideline tracked 573 closings there, roughly 96 a month. On a per-square-foot basis, houses there closed at a median of $274, measured on 476 sales. Homes that sold twice appreciated at a median of 6.11 percent a year between those sales, on 1,114 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home took 34 days to go under contract, across 276 listed closings. Full detail is on the Albany market page.

14. Keizer, $430,000

Homes in Keizer closed at a median of $430,000 over the last six months, about 87 percent of the Oregon statewide median. Resideline tracked 249 closings there, roughly 42 a month. On a per-square-foot basis, houses there closed at a median of $275, measured on 216 sales. Listed homes went under contract in a median of 21 days, which is fast for the state and leaves little time to deliberate. Full detail is on the Keizer market page.

15. Salem, $439,900

The median closed price in Salem is $439,900 across the last six months, which puts it at roughly 89 percent of the state figure. Resideline tracked 1,434 closings there, roughly 239 a month. On a per-square-foot basis, houses there closed at a median of $263, measured on 1,230 sales. Homes that sold twice appreciated at a median of 5.56 percent a year between those sales, on 4,272 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Listed homes went under contract in a median of 25 days. Full detail is on the Salem market page.

Note: realized appreciation is the one column measured on the postal city, from repeat sales of the same home across the ZIP codes that share the city's name; every other figure is confined to the municipal boundary.

How to read this list

Treat it as a shortlist. A citywide median cannot price a specific address, and the cheapest city on paper can be the most expensive per square foot or the slowest to resell. Run any address here through Resideline for the comparable sales behind its value.

Figures last updated September 5, 2026 from closings Resideline tracked. Appreciation is the median annual change between consecutive sales of the same home; it is historical, nominal and not a projection.