The typical owner-occupied home in Dexter is worth about $314,000, 34% below the Oregon median of $477,600 and 6% below the national median of $332,700. Owners pay a median $1,840 a year in property taxes, about 0.59% of their home's value, lower than the Oregon rate of 0.81%. The median household earns $38,304 a year, so the median home costs 8.2 times the median income (5.8 times for Oregon). 87% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Dexter at a glance
| Dexter | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $314,000 | $477,600 | $332,700 |
| Median property tax paid per year | $1,840 | $3,876 | $3,119 |
| Property tax as a share of value | 0.59% | 0.81% | 0.94% |
| Median household income | $38,304 | $83,011 | $80,734 |
| Homes lived in by their owners | 87% | 63% | 65% |
| Owner homes with a mortgage | 52% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $2,573 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 45.2% | 22.4% | 21.0% |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 1978 | 1981 | 1980 |
| Vacant homes | 12.1% | 7.5% | 10.1% |
| Population | 865 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Dexter
At this week's average 30-year rate of 7.11%, buying the median Dexter home of $314,000 with 20% down costs about $1,975 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,498, 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 $84,645 for the 20%-down payment. That payment is 62% of the median Dexter household income of $38,304; at that income and 20% down, the 28% guideline points to a home of about $142,000.
| Down payment | $62,800 |
|---|---|
| Loan amount | $251,200 |
| Principal and interest | $1,690 |
| Property taxes (0.59% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $131 |
| PMI | $0 |
| Total per month | $1,975 |
Change the numbers in the calculator
| Down payment | $10,990 |
|---|---|
| Loan amount | $308,313 |
| Principal and interest | $2,074 |
| Property taxes (0.59% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $131 |
| FHA mortgage insurance | $139 |
| Total per month | $2,498 |
Change the numbers in the calculator
Questions about home buying in Dexter
What is the median home value in Dexter?
About $314,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dexter?
Homeowners pay a median $1,840 a year, which is about 0.59% 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 Dexter?
For the median home with 20% down at 7.11%, the payment is about $1,975 a month. Keeping that under 28% of gross income takes about $84,645 a year.
More about Dexter
- Mortgage Refinance in Dexter
- Debt Relief in Dexter
- Home Equity Loans in Dexter
- 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