Property tax, transfer tax and closing costs in Oregon

Oregon has no statewide real estate transfer tax. Annual assessment as of January 1. Taxes are levied on the lower of real market value and maximum assessed value, which grows 3% a year under Measure 50.

Reviewed October 15, 2026. Every line links its statute or official source.

What Oregon sets

Transfer tax: No state real estate transfer tax, and the state constitution bars new local ones. Washington County keeps a $1 per $1,000 transfer tax from before the ban. Source: oregonlegislature.gov
Who customarily pays: Not stated. No official source confirmed this yet.
Local transfer taxes: Washington County transfer tax of $1 per $1,000, customarily split between buyer and seller. Source: washingtoncountyor.gov
Reassessment cycle: Annual assessment as of January 1. Taxes are levied on the lower of real market value and maximum assessed value, which grows 3% a year under Measure 50. Source: oregon.gov
Homestead and other exemptions: No general homestead exemption. Deferral programs for seniors and disabled owners. Source: oregon.gov
Owner’s title policy: Seller customarily pays for the owner’s title policy. Source: dfr.oregon.gov
How closings run: Escrow closings are customary. Source: dfr.oregon.gov
Survey: Not stated. No official source confirmed this yet.
Other closing customs: Not stated. No official source confirmed this yet.

No statewide transfer tax

On a $478,000 sale in Oregon the state charges no transfer tax. Recording fees, title and settlement charges still apply. One local tax applies, worked below for the area it covers.

Washington County transfer tax on a $478,000 sale

Washington County transfer tax, buyer halfbuyer pays$239$478,000 ÷ $1,000 = 478 units (rounded up for any fraction) × $1 = $478, half of it $239
Washington County transfer tax, seller halfseller pays$239$478,000 ÷ $1,000 = 478 units (rounded up for any fraction) × $1 = $478, half of it $239

buyer pays: $239
seller pays: $239
Total transfer tax: $478

Statutory transfer taxes on a $478,000 sale, as of the reviewed date. Who pays is custom and contract outside the statute’s primary liability. Local taxes described above are not in this figure unless listed as a line. Recording fees, title and attorney charges are separate.

Applies only in Washington County, Oregon. Source

Typical property tax in Oregon

Median real-estate tax paid: $3,876 a year
Per month: $323
Median owner-occupied home value: $477,600
Effective rate they imply: 0.81%

Census American Community Survey five-year file, 2020-2024, tables B25103 and B25077, owner-occupied homes. The median bill rose 28% against the 2015-2019 file. An estimate for a typical home, not yours. Your bill depends on the parcel, its exemptions and the next reassessment.

For agents

Your buyers ask what closing costs in Oregon and who pays. This page answers from the statute, with the date it was checked. Send it, or embed the calculator on your own site.

Ike lets a licensed real estate agent originate the mortgage on the deals they already close. Expected compensation is about 100 basis points per eligible funded loan once licensed and sponsored. Ike is preparing licenses state by state.

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One email when Oregon rates, exemptions or transfer taxes change, and when the next reassessment lands.

Sources

Ike Mortgage LLC. NMLS ID pending. For licensing information, go to: www.nmlsconsumeraccess.org. Nothing on this page is a loan payment, rate, term or down payment, and nothing here is a Loan Estimate.