The typical owner-occupied home in Alsea is worth about $123,400, 74% below the Oregon median of $477,600 and 63% below the national median of $332,700. Owners pay a median $1,000 a year in property taxes, about 0.81% of their home's value, close to the Oregon rate of 0.81%. The median household earns $39,722 a year, so the median home costs 3.1 times the median income (5.8 times for Oregon). 60% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Alsea at a glance
| Alsea | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $123,400 | $477,600 | $332,700 |
| Median property tax paid per year | $1,000 | $3,876 | $3,119 |
| Property tax as a share of value | 0.81% | 0.81% | 0.94% |
| Median household income | $39,722 | $83,011 | $80,734 |
| Homes lived in by their owners | 60% | 63% | 65% |
| Owner homes with a mortgage | 30% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,208 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 22.4% | 21.0% |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 1971 | 1981 | 1980 |
| Vacant homes | 16.3% | 7.5% | 10.1% |
| Population | 201 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Alsea
At this week's average 30-year rate of 7.11%, buying the median Alsea home of $123,400 with 20% down costs about $799 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,004, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $34,235 for the 20%-down payment. That payment is 24% of the median Alsea household income of $39,722; at that income and 20% down, the 28% guideline points to a home of about $143,000.
| Down payment | $24,680 |
|---|---|
| Loan amount | $98,720 |
| Principal and interest | $664 |
| Property taxes (0.81% a year) | $83 |
| Homeowners insurance (our estimate, 0.5% a year) | $51 |
| PMI | $0 |
| Total per month | $799 |
Change the numbers in the calculator
| Down payment | $4,319 |
|---|---|
| Loan amount | $121,165 |
| Principal and interest | $815 |
| Property taxes (0.81% a year) | $83 |
| Homeowners insurance (our estimate, 0.5% a year) | $51 |
| FHA mortgage insurance | $55 |
| Total per month | $1,004 |
Change the numbers in the calculator
Questions about home buying in Alsea
What is the median home value in Alsea?
About $123,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Alsea?
Homeowners pay a median $1,000 a year, which is about 0.81% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Alsea?
For the median home with 20% down at 7.11%, the payment is about $799 a month. Keeping that under 28% of gross income takes about $34,235 a year.
More about Alsea
- Mortgage Refinance in Alsea
- Debt Relief in Alsea
- Home Equity Loans in Alsea
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data