Philomath, OR · Market Data

Philomath, Oregon real estate market data.

Real estate market data for Philomath, OR (Benton County) — Census median home value $375,600, county listing prices up about 1.7% over the past year.

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Philomath, OR is in Benton County, Oregon — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,537, with a median household income of $83,373. Census data puts Philomath's median home value at $375,600 (all owner-occupied homes); Benton County's current median listing price runs $649,250, up about 1.7% over the past year.

At a glance

Philomath market snapshot

Population

5,537

Median Household Income

$83,373

Median Home Value (city)

$375,600

Median Listing Price (Benton County)

$649,250

Median Gross Rent

$1,415/mo

Price Trend (YoY)

+1.7%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Philomath

What makes Philomath different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Philomath's median home value — across all owner-occupied homes, not just recent sales — at $375,600. Separately, Benton County's current median listing price (via Realtor.com data, 2026-06-01) runs $649,250. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Benton County's FHFA house price index shows a 0.63% annual change in 2025.

Population & Income

Philomath has an estimated population of 5,537 and a median household income of $83,373, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Philomath's Census-reported median home value works out to about 4.5x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Philomath FAQ

What are home values like in Philomath, OR?

The Census Bureau's American Community Survey puts Philomath's median home value at $375,600. Benton County's current median listing price runs $649,250, up about 1.7% over the past year.

What is the population of Philomath, OR?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Philomath's population at approximately 5,537.

What's the median rent in Philomath, OR?

The Census ACS estimates median gross rent in Philomath at approximately $1,415 per month.

What is the median household income in Philomath, OR?

Census ACS data puts the median household income in Philomath at approximately $83,373.

Is the Philomath housing market growing?

Benton County's FHFA house price index shows a 0.63% annual change in 2025.

Is Philomath, OR affordable relative to income?

Census ACS data puts Philomath's median home value at about 4.5 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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