Forest Grove, OR housing market
The typical Forest Grove home is worth about $520,000, down 1.3% in a year, close to the Oregon typical home. Homes typically sell in 62 days, close to asking.
Home values, sales, trends and how Forest Grove compares with the towns next door — updated as new data is published.
Forest Grove at a glance
A seller's market
Supply is tight — about 2.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Forest Grove | Oregon |
|---|---|---|
| 2017 | $335,000 | $313,000 |
| 2018 | $365,000 | $337,000 |
| 2019 | $385,000 | $354,000 |
| 2020 | $399,000 | $369,000 |
| 2021 | $441,000 | $411,000 |
| 2022 | $512,000 | $480,000 |
| 2023 | $526,000 | $490,000 |
| 2024 | $526,000 | $495,000 |
| 2025 | $534,000 | $504,000 |
| 2026 | $527,000 | $500,000 |
| August 2026 | $520,000 | $496,000 |
135 new homes permitted in 2025
Builders were permitted 135 new homes in Forest Grove in 2025, all single-family houses, worth about $51.1 million to build. That's 5.1 per 1,000 residents, faster than across Oregon (3.8). Over the past 10 years, Forest Grove has permitted 1,570 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Forest Grove gained 5,142 residents while 1,380 new homes were permitted: about 3.7 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Oregon: 2.6 new residents per new home.
How Forest Grove ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 95 | 95 | 0 | $37.5 million |
| 2025 | 135 | 135 | 0 | $51.1 million |
| 2024 | 149 | 145 | 4 | $56.8 million |
| 2023 | 62 | 58 | 4 | $25.6 million |
| 2022 | 155 | 118 | 37 | $47.2 million |
| 2021 | 386 | 133 | 253 | $62.7 million |
| 2020 | 89 | 89 | 0 | $24.4 million |
| 2019 | 96 | 84 | 12 | $26.3 million |
| 2018 | 251 | 167 | 84 | $55.7 million |
| 2017 | 174 | 90 | 84 | $35.9 million |
| 2016 | 73 | 67 | 6 | $22.2 million |
| 2015 | 124 | 112 | 12 | $29.1 million |
| 2014 | 136 | 110 | 26 | $29.5 million |
| 2013 | 193 | 189 | 4 | $47.6 million |
| 2012 | 162 | 90 | 72 | $29.8 million |
| 2011 | 76 | 76 | 0 | $19.1 million |
| 2010 | 95 | 91 | 4 | $22.1 million |
| 2009 | 62 | 62 | 0 | $15.4 million |
| 2008 | 95 | 93 | 2 | $22.1 million |
| 2007 | 129 | 122 | 7 | $32.4 million |
| 2006 | 94 | 65 | 29 | $17.6 million |
| 2005 | 117 | 91 | 26 | $25.6 million |
| 2004 | 125 | 115 | 10 | $24 million |
| 2003 | 101 | 91 | 10 | $19.8 million |
| 2002 | 123 | 113 | 10 | $24.3 million |
| 2001 | 198 | 121 | 77 | $29.4 million |
| 2000 | 90 | 86 | 4 | $12.3 million |
How Forest Grove ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Forest Grove and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Forest Grove | $520K | −1.3% | $1,800 | 135 | $87,933 |
| Cornelius | $476K | −2.7% | $1,810 | 88 | $96,273 |
5.9 years of income
The typical Forest Grove home costs about 5.9 years of the town's median household income, about the same as across Oregon (6).
How Forest Grove ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,800
HUD's Fair Market Rent for a two-bedroom in Forest Grove is $1,800 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Forest Grove pay a median of $1,460, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $1,470 · 4 bedrooms $2,900
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97116; Portland-Vancouver-Hillsboro, OR-WA MSA), 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, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.