Oregon Housing Market
Cold MarketHousing market data and trends for Oregon. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$489K
↓ 3.3% YoY
Days on Market
73 days
↑ 17.7% YoY
Active Inventory
11,147
↓ 0.7% YoY
Homes Sold
2,553
↓ 8.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Oregon Market Summary
The Oregon housing market is cooling down. As of January 2026, the median home sale price is $489K, down 3.3% year-over-year. Homes are spending a median of 73 days on the market, 17.7% longer than a year ago.
There are 11,147 homes for sale — 0.7% fewer than last year. With 4.4 months of supply, this is a balanced market. 3,856 new listings were added during this period, down 8.7% year-over-year.
Homes are selling for 98.2% of their list price on average, suggesting room for negotiation. 18.0% of homes sell above their asking price. 28.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
78
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
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$512K
Price per Sq Ft
$286
Sale-to-List Ratio
98.2%
Months of Supply
4.4
Sold Above List
18.0%
Price Drops
28.5%
New Listings
3,856
↓ 8.7% YoY
Pending Sales
3,742
Metro Areas in Oregon
Portland, OR metro area
$525K median
65 days
on market
Bend, OR metro area
$689K median
94 days
on market
Salem, OR metro area
$440K median
74 days
on market
Eugene, OR metro area
$448K median
66 days
on market
Medford, OR metro area
$422K median
68 days
on market
Albany, OR metro area
$390K median
79 days
on market
Hermiston, OR metro area
$335K median
79 days
on market
Coos Bay, OR metro area
$382K median
63 days
on market
Newport, OR metro area
$488K median
105 days
on market
Klamath Falls, OR metro area
$285K median
72 days
on market
Roseburg, OR metro area
$340K median
66 days
on market
Grants Pass, OR metro area
$368K median
61 days
on market
Ontario, OR metro area
$310K median
72 days
on market
Astoria, OR metro area
$525K median
123 days
on market
Corvallis, OR metro area
$534K median
85 days
on market
Prineville, OR metro area
$494K median
54 days
on market
Brookings, OR metro area
$475K median
123 days
on market
La Grande, OR metro area
$272K median
70 days
on market
The Dalles, OR metro area
$390K median
108 days
on market
Hood River, OR metro area
$1.10M median
72 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.