Oregon buyers can choose to buy an existing home or a new home that was built by a builder in a subdivision when buying a house.
There is an alternative way to find a home in Oregon. Have one built for you.
What is the cost of a custom-built home in Oregon?
Oregon Home Building Costs
The average cost of building a new home in Oregon is $135 per square feet. Depending on what materials and finishes you select, the price of a home can go up.
The cost per square foot can vary depending on the complexity of the home. For a 2,000-square foot home, you would pay $400,000 if you wanted to build something more luxurious and you are charged $200 per sq foot.
A 2,000-square-foot home, for example, would cost $270,000 to construct (2,000 x 135). As there are many factors that influence the construction cost, this is a rough estimate.
Average price/Sq Ft for a New Era Home Custom Built?
There are four types of homes to choose from and many floor plans options. The price of a custom home can vary depending on which type you select.
These prices apply to the home built only on the customer’s property. Although our cost per square foot is compelling, it is only one of three costs that will make up your entire custom home budget. The land costs and the development costs of the land are the other two costs.
The cost to build your house in Portland, Oregon is $110 to $250/square foot. This depends on the type of construction and land costs. Get a better idea of the cost of your home-building project by visiting our Cost Calculator.
Oregon Average House Price (Median Home Price)
The median sale price for a home was $470,000 in the last month. However, its estimated value of $480,000 indicates a slight decline that could help buyers. This drop is unlikely to last, as it is expected that prices will rise from July 2022.