Oregon Housing Market
Cool MarketHousing market data and trends for Oregon. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$508K
↓ 0.2% YoY
Days on Market
46 days
↑ 4.5% YoY
Active Inventory
12,471
↓ 0.4% YoY
Homes Sold
3,839
↑ 7.0% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Oregon Market Summary
The Oregon housing market is cooling down. As of March 2026, the median home sale price is $508K, down 0.2% year-over-year. Homes are spending a median of 46 days on the market, 4.5% longer than a year ago.
There are 12,471 homes for sale — 0.4% fewer than last year. With 3.2 months of supply, this is a seller's market. 5,814 new listings were added during this period, up 1.2% year-over-year.
Homes are selling for 99.0% of their list price on average, suggesting room for negotiation. 24.9% of homes sell above their asking price. 29.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Oregon Market Trends
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Detailed Market Metrics
Median List Price
$546K
Price per Sq Ft
$297
Sale-to-List Ratio
99.0%
Months of Supply
3.2
Sold Above List
24.9%
Price Drops
29.9%
New Listings
5,814
↑ 1.2% YoY
Pending Sales
5,040
Metro Areas in Oregon
Portland, OR metro area
$553K median
31 days
on market
Salem, OR metro area
$450K median
71 days
on market
Bend, OR metro area
$640K median
40 days
on market
Eugene, OR metro area
$446K median
32 days
on market
Medford, OR metro area
$465K median
31 days
on market
Albany, OR metro area
$425K median
94 days
on market
Grants Pass, OR metro area
$415K median
50 days
on market
Roseburg, OR metro area
$345K median
63 days
on market
Hermiston, OR metro area
$341K median
82 days
on market
Coos Bay, OR metro area
$341K median
48 days
on market
Klamath Falls, OR metro area
$285K median
102 days
on market
Newport, OR metro area
$525K median
105 days
on market
Corvallis, OR metro area
$585K median
59 days
on market
Ontario, OR metro area
$327K median
93 days
on market
Astoria, OR metro area
$490K median
36 days
on market
Prineville, OR metro area
$475K median
111 days
on market
The Dalles, OR metro area
$388K median
65 days
on market
Brookings, OR metro area
$596K median
129 days
on market
La Grande, OR metro area
$335K median
33 days
on market
Hood River, OR metro area
$724K median
27 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.