Oregon housing market
Statewide listing data for September 2026, the latest month Realtor.com® Economic Research has published, with two years of history. Checked October 25, 2026.
Oregon at a glance
WestSource: Realtor.com® Economic Research (Oregon, September 2026). Asking prices and active listings, not closed sales.
What the data says
- There are 6.9% more homes for sale in Oregon than a year ago.
- The median asking price is down 3.3% from a year ago.
- 28% of active listings have had at least one price reduction.
- The typical listing spends 72 days on the market, 1 day shorter than a year ago.
Repeat sales and appraisals of the same homes, published quarterly with a lag of about two months.
Two-year trend
Median listing price, Oregon
| Period | Value |
|---|---|
| 2024-09-01 | $574K |
| 2024-10-01 | $570K |
| 2024-11-01 | $565K |
| 2024-12-01 | $555K |
| 2025-01-01 | $550K |
| 2025-02-01 | $555K |
| 2025-03-01 | $565K |
| 2025-04-01 | $575K |
| 2025-05-01 | $579K |
| 2025-06-01 | $580K |
| 2025-07-01 | $579K |
| 2025-08-01 | $570K |
| 2025-09-01 | $569K |
| 2025-10-01 | $564K |
| 2025-11-01 | $555K |
| 2025-12-01 | $549K |
| 2026-01-01 | $540K |
| 2026-02-01 | $539K |
| 2026-03-01 | $547K |
| 2026-04-01 | $550K |
| 2026-05-01 | $560K |
| 2026-06-01 | $565K |
| 2026-07-01 | $569K |
| 2026-08-01 | $565K |
| 2026-09-01 | $550K |
Homes for sale, Oregon
| Period | Value |
|---|---|
| 2024-09-01 | 15K |
| 2024-10-01 | 14K |
| 2024-11-01 | 14K |
| 2024-12-01 | 12K |
| 2025-01-01 | 11K |
| 2025-02-01 | 11K |
| 2025-03-01 | 12K |
| 2025-04-01 | 14K |
| 2025-05-01 | 16K |
| 2025-06-01 | 17K |
| 2025-07-01 | 18K |
| 2025-08-01 | 18K |
| 2025-09-01 | 17K |
| 2025-10-01 | 17K |
| 2025-11-01 | 15K |
| 2025-12-01 | 13K |
| 2026-01-01 | 12K |
| 2026-02-01 | 12K |
| 2026-03-01 | 13K |
| 2026-04-01 | 14K |
| 2026-05-01 | 16K |
| 2026-06-01 | 17K |
| 2026-07-01 | 18K |
| 2026-08-01 | 19K |
| 2026-09-01 | 19K |
Listings follow a seasonal pattern each year; compare a month with the same month a year earlier.
Oregon compared with the U.S.
Compare with another state| Measure | Oregon | United States |
|---|---|---|
| Median listing price | $550,000 (−3.3% y/y) | $419,250 (−1.4% y/y) |
| Homes for sale | 18,535 (+6.9% y/y) | 1,161,615 (+5.4% y/y) |
| Median days on market | 72 days (−1 day y/y) | 61 days (Unchanged y/y) |
| Listings with a price cut | 28.2% (+2.5 pts y/y) | 20.8% (+0.9 pts y/y) |
| Median list price per sq ft | $300 (−1.8% y/y) | $223 (−1.7% y/y) |
Sources: Realtor.com® Economic Research (Oregon, September 2026); Realtor.com® Economic Research (United States, September 2026). “y/y” is the change from the same month a year earlier.
An affordability illustration
Run your own numbersThe inputs
- Median listing price (September 2026)$550,000
- Down payment20% ($110,000)
- Loan amount$440,000
- Rate: 30-year fixed, national (Week of Oct 22, 2026)7.32%
- Median household income, Oregon (2025)$92,740
This is an illustration, not a lender calculation. It leaves out property taxes, homeowners insurance, mortgage insurance and HOA dues, which can add several hundred dollars or more a month. The rate is a national average for strong-credit borrowers; your rate may differ.
Sources: Realtor.com® Economic Research (Oregon, September 2026); Freddie Mac Primary Mortgage Market Survey, via FRED, Federal Reserve Bank of St. Louis (United States, Week of Oct 22, 2026); U.S. Census Bureau, Current Population Survey, via FRED, Federal Reserve Bank of St. Louis (Oregon, 2025).
Editor’s notes on Oregon
Written March 2026; conditions may have changedOregon's market has stabilized after significant post-pandemic volatility. Portland is working through a complex recovery narrative with urban core concerns, while suburbs and secondary cities are performing better. Bend remains a premium outdoor lifestyle market. Salem and Eugene offer meaningful value relative to Portland.
For buyers
Salem is an underrated value play — Portland-adjacent with meaningfully lower prices. Bend's market has cooled from its peak — negotiating room exists that didn't in 2021–2022.
For sellers
Portland sellers need to be realistic about market conditions. Bend sellers have more leverage but should price to current comps.
These notes are background written by our editors in March 2026, before the data above. Where they differ, the dated figures on this page are more current.