Updated September 5, 2026. Quick answer: Oregon’s base statutory homestead exemption is $150,000 for one person and $300,000 combined for two or more household members who are co-debtors. That base figure is indexed to inflation each July 1 by the State Court Administrator; for the period July 1, 2026 through June 30, 2027 (the period covering today), the official adjusted figures are $158,300 single / $316,700 combined.
The statute’s printed number is the base, not the current number. ORS 18.395 prints a $150,000 base figure, but the same law requires the State Court Administrator to adjust it for inflation every July 1. The official table in force for July 1, 2026 through June 30, 2027 sets the actual current amounts at $158,300 for one person and $316,700 combined for two or more household co-debtors.
This is protection against an ordinary money judgment creditor under Or. Rev. Stat. § 18.395(1); § 18.402, a different question from a property tax bill or exemption, which this page does not cover.
Oregon homestead exemption at a glance
| Protected amount | Oregon’s base statutory homestead exemption is $150,000 for one person and $300,000 combined for two or more household members who are co-debtors. That base figure is indexed to inflation each July 1 by the State Court Administrator; for the period July 1, 2026 through June 30, 2027 (the period covering today), the official adjusted figures are $158,300 single / $316,700 combined. |
|---|---|
| Filing/declaration | Not required: Explicitly automatic, ‘The exemption is effective without the necessity of a claim thereof by the judgment debtor.’ |
| Married couples / joint owners | When two or more household members (e.g., both spouses) are judgment debtors, their combined exemption is capped at double the individual figure, not doubled per spouse separately. |
| If you sell the home | Proceeds from selling the homestead stay exempt, up to the same dollar cap, for up to one year if held with intent to buy another home. |
How it works in Oregon
- No filing required. Explicitly automatic, ‘The exemption is effective without the necessity of a claim thereof by the judgment debtor.’
- Married couples and joint owners: When two or more household members (e.g., both spouses) are judgment debtors, their combined exemption is capped at double the individual figure, not doubled per spouse separately.
If you sell the home
Proceeds from selling the homestead stay exempt, up to the same dollar cap, for up to one year if held with intent to buy another home.
What it does not protect against
A separate, much lower exemption ($40,000 single / $50,000 combined, not CPI-indexed) applies specifically to debts arising from child support, spousal support, or restitution money-award judgments, the higher general amount does not apply to those debts.
Read it yourself
Verbatim from Or. Rev. Stat. § 18.395(1); § 18.402: “a homestead [is] exempt from sale on execution, from the lien of every judgment and from liability in any form for the debts of the owner to the amount in value of $150,000, except as otherwise provided by law. The exemption is effective without the necessity of a claim thereof by the judgment debtor.” Read the full official text before relying on any figure here. A second citation, the Oregon Judicial Department’s own official CPI adjustment table, is available here. Exemption law is fact-specific, and this is a source-backed planning guide, not individualized legal advice.