Sublimity, OR housing market
The typical Sublimity home is worth about $577,000, up 0.8% in a year, 16% above the Oregon typical home.
Home values, sales, trends and how Sublimity compares with the towns next door — updated as new data is published.
Sublimity at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Sublimity | Oregon |
|---|---|---|
| 2017 | $320,000 | $313,000 |
| 2018 | $348,000 | $337,000 |
| 2019 | $375,000 | $354,000 |
| 2020 | $394,000 | $369,000 |
| 2021 | $440,000 | $411,000 |
| 2022 | $527,000 | $480,000 |
| 2023 | $551,000 | $490,000 |
| 2024 | $554,000 | $495,000 |
| 2025 | $568,000 | $504,000 |
| 2026 | $576,000 | $500,000 |
| August 2026 | $577,000 | $496,000 |
No new homes permitted in 2018
No permits for new homes were issued in Sublimity in 2018. The last year with any was 2016 (3 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 3 | 3 | 0 | $685,000 |
| 2015 | 2 | 2 | 0 | $456,000 |
| 2014 | 2 | 2 | 0 | $539,000 |
| 2013 | 1 | 1 | 0 | $256,000 |
| 2012 | 6 | 6 | 0 | $1.5 million |
| 2011 | 7 | 7 | 0 | $1.7 million |
| 2010 | 9 | 7 | 2 | $2 million |
| 2009 | 13 | 6 | 7 | $2.6 million |
| 2008 | 7 | 7 | 0 | $1.7 million |
| 2007 | 22 | 11 | 11 | $4.4 million |
| 2006 | 26 | 19 | 7 | $5.7 million |
| 2005 | 47 | 10 | 37 | $8.2 million |
| 2004 | 24 | 24 | 0 | $5.8 million |
| 2003 | 15 | 7 | 8 | $2.5 million |
| 2002 | 23 | 7 | 16 | $3 million |
| 2001 | 24 | 8 | 16 | $3.1 million |
| 2000 | 4 | 4 | 0 | $761,000 |
Sublimity's permit office didn't report to the Census in 2018, so the 2018 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
7.4 years of income
The typical Sublimity home costs about 7.4 years of the town's median household income, more than across Oregon (6 years).
How Sublimity 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 $1,680
HUD's Fair Market Rent for a two-bedroom in Sublimity is $1,680 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sublimity pay a median of $1,628. A two-bedroom takes about 26% of the town's median household income.
Studio $1,270 · 4 bedrooms $2,520
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97385; Salem, OR 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.
Recent listings in Sublimity
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.