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Buying a home in Weston, Oregon

The typical owner-occupied home in Weston is worth about $135,900, 72% below the Oregon median of $477,600 and 59% below the national median of $332,700. Owners pay a median $1,286 a year in property taxes, about 0.95% of their home's value, higher than the Oregon rate of 0.81%. The median household earns $45,000 a year, so the median home costs 3.0 times the median income (5.8 times for Oregon). 93% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.

Weston at a glance

Weston Oregon U.S.
Median home value $135,900 $477,600 $332,700
Median property tax paid per year $1,286 $3,876 $3,119
Property tax as a share of value 0.95% 0.81% 0.94%
Median household income $45,000 $83,011 $80,734
Homes lived in by their owners 93% 63% 65%
Owner homes with a mortgage 31% 65% 61%
Median monthly costs, owners with a mortgage $1,694 $2,157 $1,963
Those costs as a share of the owners' income 22.5% 22.4% 21.0%
Median rent $1,313 $1,525 $1,413
Rent as a share of renters' income 43.3% 31.3% 30.6%
Median year homes were built 1972 1981 1980
Vacant homes 23.3% 7.5% 10.1%
Population 443 4,254,293 334,922,499

What a typical home costs per month in Weston

At this week's average 30-year rate of 7.11%, buying the median Weston home of $135,900 with 20% down costs about $896 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,122, 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 $38,382 for the 20%-down payment. That payment is 24% of the median Weston household income of $45,000; at that income and 20% down, the 28% guideline points to a home of about $159,000.

The median rent here is $1,313 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$27,180
Loan amount$108,720
Principal and interest$731
Property taxes (0.95% a year)$108
Homeowners insurance (our estimate, 0.5% a year)$57
PMI$0
Total per month$896

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3.5% down, 30-year FHA loan
Down payment$4,756
Loan amount$133,439
Principal and interest$898
Property taxes (0.95% a year)$108
Homeowners insurance (our estimate, 0.5% a year)$57
FHA mortgage insurance$60
Total per month$1,122

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Questions about home buying in Weston

What is the median home value in Weston?

About $135,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Weston?

Homeowners pay a median $1,286 a year, which is about 0.95% 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 Weston?

For the median home with 20% down at 7.11%, the payment is about $896 a month. Keeping that under 28% of gross income takes about $38,382 a year.

More about Weston

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