La Grande, OR metro area Housing Market

Cold Market

Comprehensive housing market data for the La Grande, OR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$272K

17.3% YoY

Days on Market

70 days

600.0% YoY

Active Inventory

41

4.7% YoY

Homes Sold

16

45.5% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

La Grande, OR metro area Market Summary

The La Grande, OR metro area housing market is cooling down. As of January 2026, the median home sale price is $272K, down 17.3% year-over-year. Homes are spending a median of 70 days on the market, 600.0% longer than a year ago.

There are 41 homes for sale — 4.7% fewer than last year. With 2.6 months of supply, this is a seller's market. 9 new listings were added during this period, down 43.7% year-over-year.

Homes are selling for 91.3% of their list price on average, suggesting room for negotiation. 6.3% of homes sell above their asking price. 29.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 2.6
Days on Market 70
Price Drops 29.3%
Sale-to-List Ratio 91.3%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 35.7%
Days on Market (National: 66) 6.1%
Inventory (National: 1,210,379) 100.0%

vs. Oregon Median

Median Price (Oregon: $489K) 44.4%
Days on Market (Oregon: 73) 4.1%

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. Prices are 36% below the national median, which could indicate stronger cash flow potential.

La Grande, OR metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$365K

Price per Sq Ft

$175

Sale-to-List Ratio

91.3%

Months of Supply

2.6

Sold Above List

6.3%

Price Drops

29.3%

New Listings

9

43.7% YoY

Pending Sales

9

Off Market in 2 Weeks

33.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.