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Homestead Exemption Laws in Oregon

Oregon protects a homestead up to $158,300 ($316,700 for two or more debtors in the same household) from July 1, 2026, an amount adjusted every July 1, limited to one city block or 160 acres outside a city.

Last checked . General information, not legal advice.

Oregon at a glance

Exemption amount
$158,300 ($316,700 for 2+ debtors)
Figure for July 1, 2026 to June 30, 2027 per the Oregon Judicial Department table. The base set by 2024 SB 1595 was $150,000 ($300,000).
Unlimited in value
No
Acreage limit
1 block in a city, 160 acres elsewhere

Sources

Last checked

The rules in Oregon

How much home equity does the homestead exemption protect in Oregon?

Exemption amount in Oregon: $158,300 ($316,700 for 2+ debtors). Figure for July 1, 2026 to June 30, 2027 per the Oregon Judicial Department table. The base set by 2024 SB 1595 was $150,000 ($300,000).

Is the homestead exemption unlimited in value in Oregon?

No. Unlimited in value in Oregon: no.

Is there an acreage limit on the homestead exemption in Oregon?

Acreage limit in Oregon: 1 block in a city, 160 acres elsewhere.

Where do the Oregon homestead exemption laws come from?

The rules above come from Or. Rev. Stat. 18.395 and Or. Rev. Stat. 18.402. Each source is linked on this page. We last checked them in October 2026.

Good to know

SB 1595 (2024) raised the homestead amounts. Before January 1, 2025 the limits were $40,000 for one debtor and $50,000 for two or more debtors in the same household.

The amounts are adjusted every July 1; the Oregon Judicial Department publishes the current figures.

What this means in practice

The exemption applies to equity, not to the full value of the home. Equity is the market value minus the mortgages and other liens on the property. A lender that holds a mortgage on the home, and certain other claims such as taxes on the property, can usually still be enforced against it regardless of the exemption.

Check whether you need to take a step to claim the protection. Some states protect a home automatically once it is your residence, while others require you to record a homestead declaration with the county or to claim the exemption in court when a creditor tries to collect.

In bankruptcy, federal law can limit a state homestead exemption for a home bought within a set period before the filing, and residency rules decide which state's exemptions apply if you moved recently. Some states also let filers choose the federal bankruptcy exemptions instead of the state list. A bankruptcy attorney can confirm which rules apply to your situation.

General information, not legal advice. Laws change, and cities can add their own rules, so check the current statute before you rely on it.