The Oregon Real Estate Market: 2025 Trends

🏠 Buying a house in Oregon | 🏘️ Selling a house in Oregon | 🚚 Moving to Oregon

🏡 Home values in Oregon have fallen 0.84% over the past year, indicating a buyer's market.

📈 Housing inventory (the total number of homes for sale) stands at 18,493. That's about 6.19 months of inventory, indicating a seller's market.

📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 98.60%, indicating a seller's market.

How does Oregon compare to the national average?

Data pointValueRankCompared to national avg
Typical home value $496,876[1]#10 of 50 states32.2% higher
Median listing price $566,000[2]#12 of 50 states27.7% higher
Median sale price $539,900[3]#12 of 50 states23.4% higher
30-year mortgage rate 7.03%[4]#34 of 50 states0.8% higher
Median days on market 73[5]#46 of 50 states24.1% longer
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Looking to buy or sell in Oregon?

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Buying a house in the Oregon real estate market

Oregon has an affordability score of 6.7, meaning it takes 6.7 years of the median household income ($80,160) to afford Oregon's median home sale price ($539,900). Because of this, we rank Oregon as the 10th least affordable state for buyers based strictly on prices compared to income.

Data PointValueRankCompared to national avg
Median sale price $539,900[6]#12 of 50 states23.4% higher
30-year mortgage rate 7.03%[7]#34 of 50 states0.8% higher
Median household income $80,160[8]#19 of 50 states4.1% higher
Affordability ratio 6.7#41 of 50 states20.8% higher
Buyers agent commission 2.36%[9]#2 of 50 states14.1% lower
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Who pays for realtor commission in Oregon?

Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.

Who pays closing costs in Oregon?

Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.

Learn more about who pays closing costs in Oregon.

Resources for Oregon home buyers

Selling a house in the Oregon real estate market

According to our detailed survey of Oregon real estate agents, listing agents (those representing the seller) charge an average commission in Oregon of 2.74%, which is the 8th lowest in the United States. Buyers' agents charge an average commission of 2.36%, which is the 2nd lowest in the United States.

Data pointValueRankCompared to national avg
Median listing price $566,000[10]#12 of 50 states27.7% higher
Median sale price $539,900[11]#12 of 50 states23.4% higher
Median days on market 73[12]#46 of 50 states24.1% longer
Buyer's agent commission 2.36%[13]#2 of 50 states14.1% lower
Listing agent commission 2.74%[14]#8 of 50 states3.5% lower

Resources for Oregon home sellers

Moving to Oregon

According to our recent moving trends survey[15], 9% of Americans indicated that they would choose to move to Oregon if money were no object. Likewise, 9% of survey respondents indicated that they would move to Portland among a choice of America's largest cities.

Here's how Oregon cities rank in a number of our research studies.

StudyBest Oregon cityRank
Best Pizza Cities[16]Portland26th best
Best Coffee Cities[17]Portlandbest
Best LGBTQ Cities[18]Portland4th best
Best Bike Cities[19]Portland2nd best
Best Commuter Cities[20]Portland12th best
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Where to shop for homes in Oregon

Frequently asked questions

As of October 17, 2025, the median days on market (DOM) in Oregon is 84. On average, it takes about 81 days to sell in Oregon.

Home values have fallen in Oregon over the past year. The current median home value is $504,721 and it's projected to decrease by 0.16% in the next year.

As of October 17, 2025, sellers in Oregon are typically getting 99.86% of the list price for their homes.

Methodology

Information on market conditions is based on Zillow data as of September 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 17, 2025, unless specified otherwise.

We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. These data points are averages based on responses we’ve received from 10 agents in Oregon.

Article Sources

[1] Zillow – "Zillow Home Value Index". Updated August 31, 2025.
[2] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[3] Redfin – "Redfin Data Center". Updated August 2025.
[4] Bankrate – "Bankrate". Updated October 2025.
[5] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[6] Redfin – "Redfin Data Center". Updated August 2025.
[7] Bankrate – "Bankrate". Updated October 2025.
[8] US Census – "US Census, 2020 American Community Survey". Updated 2020.
[9] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[10] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[11] Redfin – "Redfin Data Center". Updated August 2025.
[12] Realtor.com – "Realtor.com Data Library". Updated September 2025.
[13] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[14] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated October 2025.
[15] Home Bay – "Half of Americans Are Surprised by How Much It Costs to Move". Updated February 26, 2024.
[16] Clever Real Estate – "The 15+ Best Pizza Cities in America". Updated February 12, 2024.
[17] Clever Real Estate – "The Best (and Worst) Coffee Cities in America". Updated January 12, 2024.
[19] Clever Real Estate – "The Most Bike-Friendly Cities in the U.S.". Updated July 17, 2023.
[20] Clever Real Estate – "The Best (and Worst) Cities for Commuters". Updated September 21, 2023.

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