The typical owner-occupied home in Gilchrist is worth about $352,600, 26% below the Oregon median of $477,600 and 6% above the national median of $332,700. The median household earns $250,001 a year, so the median home costs 1.4 times the median income (5.8 times for Oregon). 100% of occupied homes here are lived in by their owners, and 100% of those owners still have a mortgage.
Gilchrist at a glance
| Gilchrist | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $352,600 | $477,600 | $332,700 |
| Median property tax paid per year | – | $3,876 | $3,119 |
| Median household income | $250,001 | $83,011 | $80,734 |
| Homes lived in by their owners | 100% | 63% | 65% |
| Owner homes with a mortgage | 100% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,881 | $2,157 | $1,963 |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 1940 | 1981 | 1980 |
| Vacant homes | 53.6% | 7.5% | 10.1% |
| Population | 291 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Gilchrist
At this week's average 30-year rate of 7.11%, buying the median Gilchrist home of $352,600 with 20% down costs about $2,368 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,955, 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 $101,473 for the 20%-down payment. That payment is 11% of the median Gilchrist household income of $250,001; at that income and 20% down, the 28% guideline points to a home of about $869,000.
| Down payment | $70,520 |
|---|---|
| Loan amount | $282,080 |
| Principal and interest | $1,898 |
| Property taxes (1.10% a year) | $323 |
| Homeowners insurance (our estimate, 0.5% a year) | $147 |
| PMI | $0 |
| Total per month | $2,368 |
Change the numbers in the calculator
| Down payment | $12,341 |
|---|---|
| Loan amount | $346,214 |
| Principal and interest | $2,329 |
| Property taxes (1.10% a year) | $323 |
| Homeowners insurance (our estimate, 0.5% a year) | $147 |
| FHA mortgage insurance | $156 |
| Total per month | $2,955 |
Change the numbers in the calculator
Questions about home buying in Gilchrist
What is the median home value in Gilchrist?
About $352,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Gilchrist?
For the median home with 20% down at 7.11%, the payment is about $2,368 a month. Keeping that under 28% of gross income takes about $101,473 a year.
More about Gilchrist
- Mortgage Refinance in Gilchrist
- Debt Relief in Gilchrist
- Home Equity Loans in Gilchrist
- 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