Cove, OR housing market
The typical Cove home is worth about $504,000, up 8.5% in a year, close to the Oregon typical home.
Home values, sales, trends and how Cove compares with the towns next door — updated as new data is published.
Cove at a glance
Typical home value, 2016–2026
Show as a table
| January | Cove | Oregon |
|---|---|---|
| 2017 | $255,000 | $313,000 |
| 2018 | $271,000 | $337,000 |
| 2019 | $284,000 | $354,000 |
| 2020 | $300,000 | $369,000 |
| 2021 | $336,000 | $411,000 |
| 2022 | $401,000 | $480,000 |
| 2023 | $422,000 | $490,000 |
| 2024 | $435,000 | $495,000 |
| 2025 | $447,000 | $504,000 |
| 2026 | $485,000 | $500,000 |
| August 2026 | $504,000 | $496,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,500
HUD's Fair Market Rent for a two-bedroom in Cove is $1,500 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cove pay a median of $1,390.
Studio $1,030 · 4 bedrooms $2,520
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97824; Union County, OR), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.