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Buying a home in Jordan Valley, Oregon

The typical owner-occupied home in Jordan Valley is worth about $167,200, 65% below the Oregon median of $477,600 and 50% below the national median of $332,700. Owners pay a median $685 a year in property taxes, about 0.41% of their home's value, lower than the Oregon rate of 0.81%. The median household earns $55,893 a year, so the median home costs 3.0 times the median income (5.8 times for Oregon). 53% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.

Jordan Valley at a glance

Jordan Valley Oregon U.S.
Median home value $167,200 $477,600 $332,700
Median property tax paid per year $685 $3,876 $3,119
Property tax as a share of value 0.41% 0.81% 0.94%
Median household income $55,893 $83,011 $80,734
Homes lived in by their owners 53% 63% 65%
Owner homes with a mortgage 33% 65% 61%
Median monthly costs, owners with a mortgage $922 $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
Rent as a share of renters' income 12.0% 31.3% 30.6%
Median year homes were built 1977 1981 1980
Vacant homes 28.9% 7.5% 10.1%
Population 180 4,254,293 334,922,499

What a typical home costs per month in Jordan Valley

At this week's average 30-year rate of 7.11%, buying the median Jordan Valley home of $167,200 with 20% down costs about $1,027 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,305, 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 $43,997 for the 20%-down payment. That payment is 22% of the median Jordan Valley household income of $55,893; at that income and 20% down, the 28% guideline points to a home of about $212,000.

20% down, 30-year conventional loan
Down payment$33,440
Loan amount$133,760
Principal and interest$900
Property taxes (0.41% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$70
PMI$0
Total per month$1,027

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3.5% down, 30-year FHA loan
Down payment$5,852
Loan amount$164,172
Principal and interest$1,104
Property taxes (0.41% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$70
FHA mortgage insurance$74
Total per month$1,305

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Questions about home buying in Jordan Valley

What is the median home value in Jordan Valley?

About $167,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Jordan Valley?

Homeowners pay a median $685 a year, which is about 0.41% 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 Jordan Valley?

For the median home with 20% down at 7.11%, the payment is about $1,027 a month. Keeping that under 28% of gross income takes about $43,997 a year.

More about Jordan Valley

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