State housing market · September 2026 data

Oregon housing market

Across the 20 Oregon markets WealthyBud tracks, the midpoint median listing price is $521,000 as of September 2026, and 12 of 20 are priced below a year ago. Hood River is the most expensive ($762,000) and Hermiston the least ($344,450).

Midpoint median list price
$521,000
20 markets
Markets down YoY
12/20
September 2026
Active listings
20,165
Tracked markets
30-yr mortgage rate
7.28%
2026-10-01

What are home prices in each Oregon market?

The table lists every Oregon market WealthyBud tracks with its median listing price, year-over-year change, days on market, active listings, price-to-income ratio and the income needed to buy the median home. Select a market for its full report.

Oregon housing markets — September 2026
MarketMedian list priceYoYDays on marketActivePrice-to-incomeIncome needed
Portland$587,750-1.9%668,9846.2$156,000
Bend$699,900-4.9%862,6468.2$180,000
Salem$517,000-2.3%651,5336.8$138,000
Medford$531,750-3.1%701,2117.4$139,000
Eugene$525,000+1.6%631,0347.6$139,000
Newport$599,0000.0%1006859.8$158,000
Grants Pass$533,200+6.7%875329.0$135,000
Klamath Falls$391,500-0.7%805286.6$101,000
Roseburg$475,000+5.6%865128.1$123,000
Albany$442,475-5.3%624376.0$118,000
Coos Bay$449,975-3.6%853777.5$117,000
Astoria$599,450-3.3%883068.7$156,000
Hermiston$344,450-3.5%712835.0$93,000
Corvallis$663,675+2.9%632728.7$179,000
Brookings$649,000+3.7%11522910.0$165,000
Ontario$398,500-2.2%672076.7$101,000
Baker City$353,750-8.3%991186.1$94,000
The Dalles$484,500+5.0%881167.6$128,000
La Grande$466,750+9.0%78867.3$124,000
Hood River$762,000-8.2%52699.3$195,000

Are home prices rising or falling in Oregon?

La Grande posted the biggest year-over-year change in Oregon (+9.0%) and Baker City the weakest (-8.3%). The midpoint change across the state's tracked markets is -2.1%, with 20,165 homes actively listed.

How much income do you need to buy a home in Oregon?

Buying the median listing with 20% down at the current 7.28% rate takes about $93,000 a year in Hermiston and $195,000 in Hood River, keeping principal, interest and property tax at 28% of income.

Oregon housing market FAQ

What is the median home price in Oregon?
Across WealthyBud's 20 tracked Oregon markets, median listing prices have a midpoint of $521,000 as of September 2026, from $344,450 in Hermiston to $762,000 in Hood River.
Are home prices falling in Oregon?
12 of 20 tracked Oregon markets have median listing prices below a year ago as of September 2026. The weakest is Baker City at -8.3%.
What is the most expensive housing market in Oregon?
Hood River has the highest median listing price among tracked Oregon markets at $762,000 (September 2026).
How much income do you need to buy a home in Oregon?
Buying the median listing with 20% down at the current 7.28% rate takes about $93,000 a year in Hermiston and $195,000 in Hood River, keeping principal, interest and property tax at 28% of income. Insurance, HOA and PMI are excluded.

Working in Oregon real estate? See Oregon agent salary (BLS median $61,610) and how to get licensed. Compare states on the state hub index or see where prices are falling nationwide.

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.