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Sweet Home

Learn about the people, housing, costs and businesses in Sweet Home, Oregon

Median Home$307,271
Median Rent$1,239/month
Population10,134
Leading IndustriesWholesale Trade · Retail10% wholesale trade
Home Value Growth⬆⬆+16.8% over 2 years
Retirees21% of residentsnear the national average
Homeowners72% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Sweet Home
OR

Frequently Asked Questions

What are today's mortgage rates in Sweet Home?

As of today, the 30-year fixed mortgage rate for Sweet Home is approximately 6.923% (6.960% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sweet Home?

The median home value in Sweet Home is $307k. The median monthly rent is $1,239. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sweet Home?

Home values in Sweet Home have increased 16.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sweet Home?

Based on a typical all-in ownership cost of $1,157/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sweet Home is $65k/year.

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What industries drive the economy in Sweet Home?

The largest employment sectors in Sweet Home are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.