Counties with the Fastest Growing Home Values in Oregon

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Oregon has 36 counties, and a total population of 4.3 million. You probably know the most populated counties, like Multnomah and Washington, and may have heard of Malheur and Harney in the news more in the last few years. But which counties are growing, and more importantly in my field, which counties have the fastest growing home values? I care about this statistic because real estate is a financial investment and opportunity to build wealth in a lifetime and through generations. What if your great grandfather had bought a home in NE Portland in 1950 for $10,000, and you inherited in today, no mortgage needed? You have the opportunity to plan for a legacy like that for your family or community.

On to the numbers! These counties are ranked by where home values have risen the most, SmartAsset (a financial technology company) used three factors: Property tax rates, school ratings and average home value growth. It then created an index based on an accumulated value from those factors. I’ve listed the county name, it’s County Seat (and usually most known city), and the Home Value Growth Rate calculated by Smart Asset. Of course, school ratings are very tricky, and should be taken with a large grain of salt and lots of research!

If you are have any real estate needs in the Portland Metro Area (including Multnomah, Clackamas, Washington, Yamhill counties and SW Washington) don’t hesitate to reach out to me now!

10. Union County, La Grande

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Home Value Growth: 16.09%

9. Jackson County, Medford

Home Value Growth: 16.26%

8. Marion County, Salem (goes east into Cascade Range)

Home Value Growth: 17.48%

7. Yamhill County, McMinnville

Home Value Growth: 22.23%

6. Clackamas, Oregon City

Home Value Growth: 22.79%

5. Jefferson County, Madras

Home Value Growth: 23.03%

4. Crook County, Prineville

Home Value Growth: 23.12%

3. Washington County, Hillsboro

Home Value Growth: 27.62%

2. Multnomah County, Portland

Home Value Growth: 33.03%

1. Deschutes, Bend

Home Value Growth: 34.83%

Source: Portland Business Journal