The Best Time to Buy a House in Oregon

Jamie Ayers


Jamie Ayers

June 17th, 2022
Updated June 17th, 2022


Seasonal fluctuations — like surplus inventory and competition amongst buyers — can dramatically increase or decrease the cost of your potential new home. Depending on the area, buying at a certain time of the year can slash the home’s price tremendously.

best time to buy oregon

Buying a house is a stressful and emotional process. You'll likely have to spend weeks touring properties, fill out hundreds of forms, and invest a large chunk of your savings to secure the right house.

One way to make buying a house easier is starting the process at the right time. In Oregon, housing inventory, mortgage rates, and market trends vary from month to month.

For example, this year listing prices for homes in Oregon were lowest in April. On average, homes were $39,076 less expensive. While in November — the month with the highest prices — the listing prices were $47,155 more than the annual average.

In truth, the best time to buy a house really depends on your priorities and situation. Read on to find out which time of year will give you the most options and the biggest savings when buying a house in Oregon.

Best Month For

Listing price
6.5% lower than average
Housing inventory
24.1% more homes to choose from
Mortgage rates
2.94% interest for 30-year mortgage data (10/1/2020)
Bankrate data (12/1/2020)

If you're interested in buying a home, the first step in your home buying journey is to find an experienced realtor who's an expert in your local market. The right agent can help you find the best house for your budget and priorities — and negotiate a winning offer so you don't lose out on your dream home.

The easiest way to find a great local realtor is to use a free service like Clever Real Estate. Clever matches home buyers like you with top agents in your area so you can compare your options and choose a realtor who's the right fit for you.

You can interview multiple agents until you find the perfect fit, or walk away at any time - Clever's service is 100% free with no obligation. Fill out the form below to instantly request hand-picked agent matches now!

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Finding a great local realtor is the first step in making your home buying dreams a reality. Our free service matches you with top agents from trusted brands like Keller Williams and RE/MAX.

Enter your zip code to request hand-picked agent matches in minutes. Compare your options until you find the perfect fit, or walk away with no obligation. Try Clever's free service today!

Best Time to Buy in Oregon

Let’s use Portland as a benchmark for real estate trends for 2018 and 2019, thus far. Compared to national home values, Portland home values are approximately $150,000 higher than the country’s average. However, while the national home value is slated to grow by 5.1%, Portland is at 2.7%. During the last quarter, Portland experienced slower growth at only 0.9%, however, this could also be related to the time of year.

When compared to other large U.S. cities, Portland trends towards later in the calendar year in regards to the amount of new inventory on the market. Instead of the springtime rush to list, Portland sellers hit peak inventory numbers in June, July, and August.

While late spring and early summer offer more options, this also leads to greater competition for those houses. More buyers are out looking, which allows homesellers to raise prices, and even incite bidding wars with potential buyers.

September is the sweet spot for buying a house in Portland, Oregon. Spring and summer listings are languishing on the market — kids are heading back to school, colder weather is on the horizon, and busy holiday season is swiftly approaching. September offers the best combination of high discounts, large selection and low competition, while still churning out a fair amount of new listings.

Best Places in Oregon to Live


Only seven miles outside of Portland, this growing town gives residents access to urban amenities but is far enough removed that traffic, noise pollution, and sky-high city prices are not dealt with on a daily basis. Outdoor recreation space abounds in this Portland suburb. There are 90 parks and 30 miles of hiking trails to help residents enjoy Oregon’s natural beauty.


This Oregon city is beloved by natives, transplants, and tourists alike. A city that supports the arts and outdoor industries — Eugene is the perfect place to raise a family, meet your significant other, or grow your career. The University of Oregon is here, encouraging a stable economy and a vibrant community.


The capital of Oregon, this mid-size city is home to a bustling urban center, surrounded by gentle rolling hills. The public school system consistently ranks high, neighborhoods are safe and quiet, and46 parks cover 1,600 acres of the city.


This Pacific Northwest city is blessed with approximately 300 days of sunshine per year. Tucked between the high desert plains to the east and the Cascade Mountains to the west, Bend is a nature lover’s paradise. Housing prices are high and have seen an appreciation value of 37.3% over the past ten years.


In the heart of the Willamette Valley, Corvallis is home to Oregon State, myriad vineyards and wineries, and plenty of rugged terrain waiting for adventure. Moving to Oregon’s 10th most populous city is a safe bet, as this town is on the rise and there is plenty of industry to support a growing need for jobs.

Getting a Great Deal on Your Oregon Dream Home

Find an Experienced Oregon Real Estate Agent

House hunting can be a daunting task, especially if you’re a recent transplant to Oregon. You’ll need to research neighborhoods, school systems, commute times, and more for each home you like. An experienced local realtor is an invaluable asset, guaranteeing time and money saved throughout your house hunting experience.

Learn more: What Does a Real Estate Agent Do for a Buyer?

Assess Your Needs and Communicate Your Goals

You and your realtor will find greater success when your needs, preferences, and budget are clearly outlined. Be up front and open about what you need for your next home. The clearer you are, the quicker your realtor can sort through houses that won’t do and introduce you to your potential dream home.

Find a Lender and Secure Financing

Unless you plan to buy your home with cash, you'll need to apply for a mortgage. For most home buyers in Oregon, interest rates are among the biggest factors when choosing a lender. Doing a little upfront research and comparing options to find the best rates could save you tens of thousands of dollars over the life of your loan.

For example, in Oregon a typical house is worth $386,000. Assuming a 20% down payment, if you took out a 30-year mortgage for 3.5%, your monthly payment would be $1,377. But if you shopped around and found a 3% mortgage, your monthly payment would drop to about $1,302.

Getting a mortgage is a big decision – and it pays to shop around! Keep shopping until you find a lender with competitive rates who also understands your goals. Don’t get pressured into taking on a bigger loan than you’re comfortable with – work with a lender who explains what you’re really signing up for.

» Get instantly matched with a lender who works in your area.

Negotiate for the Best Possible Price

You’ve found a home that meets or exceeds your criteria — congratulations! Now, your agent will help you draft and submit your offer. Once the home inspection is done, your realtor will negotiate to ensure you’re getting a fair price.

Learn More: How to Find a Buyer’s Agent That’s a Good Negotiator

Ready to start your home search in Oregon? Contact a Clever Partner Agent for a no-obligation consultation.

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