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Wallowa

Learn about the people, housing, costs and businesses in Wallowa, Oregon

Median Home$399,100
Median Rent$1,139/month
Population818
Leading IndustriesAgriculture & Mining · Construction · Information & Media12% agriculture & mining
Home Value Growth⬆⬆⬆+42.6% over 2 years
Young Adults25% of residents
Homeowners73% of occupied units
NotableTransit85/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Wallowa
OR

Frequently Asked Questions

What are today's mortgage rates in Wallowa?

As of today, the 30-year fixed mortgage rate for Wallowa is approximately 6.978% (7.017% 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 Wallowa?

The median home value in Wallowa is $399k. The median monthly rent is $1,139. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wallowa?

Home values in Wallowa have increased 42.6% 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 Wallowa?

Based on a typical all-in ownership cost of $777/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wallowa is $65k/year.

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What industries drive the economy in Wallowa?

The largest employment sectors in Wallowa are public administration (21%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.