I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Oregon
💡 Key Oregon housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $492,683[1] | #8 of 50 states | 34.4% higher |
Median Listing Price | $569,950[2] | #12 of 50 states | 29.4% higher |
Median Sale Price | $521,500[3] | #10 of 50 states | 24.6% higher |
30 Year Mortgage Rate | 7.03%[4] | #34 of 50 states | 0.8% higher |
Median Days on Market | 72[5] | #45 of 50 states | 28.1% longer |
Looking to buy or sell in Oregon?
Enter your zip code to match with top agents in your area!
🗺️ Buying a house in the Oregon real estate market
Oregon has an affordability score of 7.9, meaning it takes 7.9 years of the median household income ($65,667) to afford Oregon's median home sale price ($521,500). Because of this, we rank Oregon as the 9th least affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $521,500[6] | #10 of 50 states | 24.6% higher |
30 Year Mortgage Rate | 7.03%[7] | #34 of 50 states | 0.8% higher |
Median Household Income | $65,667[8] | #18 of 50 states | 1.8% higher |
Affordability Ratio | 7.9 | #42 of 50 states | 24.2% higher |
Buyers Agent Commission | 2.42%[9] | #7 of 50 states | 4.7% lower |
Resources for Oregon home buyers
Preparing to buy in Oregon
🗺️ 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 2.58%, which is the 11th lowest in the United States. Buyers' agents charge an average commission of 2.42%, which is the 7th lowest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $569,950[10] | #12 of 50 states | 29.4% higher |
Median Sale Price | $521,500[11] | #10 of 50 states | 24.6% higher |
Median Days on Market | 72[12] | #45 of 50 states | 28.1% longer |
Buyer's Agent Commission | 2.42%[13] | #7 of 50 states | 4.7% lower |
Listing Agent Commission | 2.58%[14] | #11 of 50 states | 5.3% lower |
Resources for Oregon home sellers
Preparing to sell in Oregon
- 8 Steps to Selling a House in Oregon
- Average Time to Sell a House in Oregon
- When Is the Best Time to Sell a House in Oregon?
- Top Real Estate Agents in Oregon
Oregon home selling costs and requirements
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.
Study | Best Oregon city | Rank |
Best Pizza Cities[16] | Portland | 26th best |
Best Coffee Cities[17] | Portland | best |
Best LGBTQ Cities[18] | Portland | 4th best |
Best Bike Cities[19] | Portland | 2nd best |
Best Commuter Cities[20] | Portland | 12th best |