Buying a home in Oregon

Property taxes, transfer taxes, home values and first-time buyer help in Oregon.

Effective property tax rate

0.81%

Median tax $3,876 ÷ median value $477,600 (ACS 2020–2024)

Typical home value

$496,113

Zillow ZHVI, 2026-08

State transfer tax

See source

Usually paid by: negotiable. Or. Rev. Stat. § 306.815 (transfer-tax prohibition). Official source. Local taxes may add more.

Estimated buyer closing costs

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Use our closing cost calculator.

At Oregon's effective rate of 0.81%, a typical $496,113 home would owe about $4,019/year ($335/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.

First-time homebuyer programs

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 →

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 2026-10-15.