Oregon Land Prices per Acre, by County

Land Values in Oregon: What to Know

In recent market data, land in Oregon sold for a median of about $150,000, or about $110,000 per acre, across 3,000 sales in 12 months. Land spent an average of 120 days on the market.

West of the Cascades, land is expensive. Multnomah County (Portland) sold at about $844,000 per acre, and the coast is close behind, with Lincoln County at about $458,000 and Tillamook County at about $308,000. Hood River County sold at about $388,000 and Deschutes County (Bend) at about $250,000. East of the mountains, in the high desert, prices fall to a few thousand dollars per acre or less: about $1,000 in Lake County, about $1,500 in Grant County and about $1,800 in Gilliam County.

Why small lots cost more per acre

In Oregon, the median lot under 1 acre sold for about $120,000, which works out to about $465,000 per acre. Parcels of 5 to 10 acres sold for about $197,000, or about $32,000 per acre, and tracts of 100 acres or more sold for about $550,000, only about $2,000 per acre. The big tract costs more in total but far less for each acre. Small lots in the Willamette Valley and on the coast sell as home sites. Big tracts east of the Cascades sell as range or timber land, where each acre adds little.

How to estimate what your land is worth

Start with recent sales of land like yours: the same county, a similar size, and a similar use. Then adjust for what buyers check first. Legal road access, power and water at the road, how much of the parcel sits in a flood zone, and how steep or wet the ground is can each move the price a lot. In Oregon, ask the county planning office whether a home can be built on the parcel, because that one answer changes the price more than anything else. For rural parcels, check water and septic too.

Our free land value estimator gives a quick range from recent market data. For local numbers, see the county pages for Deschutes County, Klamath County and Lake County.