Explore Oregon.
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About Oregon real estate
Oregon's housing market splits cleanly between Portland metro and the rest of the state, with Bend running its own out-of-state-buyer-driven dynamic.
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Expert take: Portland metro has cooled significantly since 2022. Bend remains expensive due to limited supply. Affordability concerns drive policy debates.
Get a current value estimate for your Oregon home. It takes about a minute, from Find a Home.
Get your home value →By the Numbers
Oregon market snapshot
Market data is updated periodically and deemed reliable but not guaranteed.
Oregon through experienced eyes
What makes Oregon different.
Oregon has no state sales tax. Property taxes are below the national average, but Measure 50 caps annual assessment increases.
Current conditions.
Oregon's median listing price is $550,000, with homes taking a median 52 days to sell and 14,000+ active listings. Read Oregon by metro, not by state.
The single biggest trend.
Portland metro has cooled significantly since 2022. Bend remains expensive due to limited supply. Affordability concerns drive policy debates.
Where to look in Oregon
Median sale prices are directional public-data estimates.
Portland-Vancouver-Hillsboro
Largest metro. Tech (Intel, Nike). Submarkets: West Hills luxury, Lake Oswego top schools, Beaverton/Hillsboro suburbs, Portland proper varies widely.
Eugene-Springfield
University of Oregon. Outdoor culture.
Salem
State capital.
Bend
Central Oregon high desert. Heavy in-migration from California. Outdoor recreation.
Medford-Ashland
Southern Oregon. Wine and theater.
Schools & Education
Lake Oswego, West Linn-Wilsonville, and Beaverton school districts (all Portland metro) rank among the state's top.
Climate & Weather
Maritime in the west (mild, wet), continental high desert in the east. Portland gets significant rain October through May.
Questions buyers and sellers ask us most
How much do I need for a down payment in Oregon?
For conventional loans, 20% down on the Oregon median of $550,000 would be $110,000. Most Oregon buyers close with 3-5% down via conventional, FHA (3.5% down), or VA (0% for eligible service members). Check with a local lender.
What is the best time of year to buy a home in Oregon?
Late summer through early fall is historically the most favorable buyer window across most US markets, and Oregon follows this pattern. Spring has the most inventory but the most competition. Winter has the least of both.
Can I buy a home in Oregon without seeing it in person?
Yes. A local REALTOR® running video walkthroughs, paired with a thorough inspection contingency, makes a remote purchase manageable. Most Oregon agents are comfortable with this workflow.
How long does it take to close on a home in Oregon?
30-45 days is typical for a financed purchase, and 14-21 days is achievable for cash. The bottleneck is usually appraisal and lender underwriting, not title work.
Guidance That Moves You Forward
Get in touch with a REALTOR® who lives in Oregon.
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