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Wondering how competitive the Oregon housing market is? Find Oregon's median house price, demand, supply and more with Redfin. Learn more!
Home sales will remain constrained as long as mortgage rates stay over 6% but are expected to rise as mortgage rates and inflation decline. Home prices will mostly hold their value in the...
The average home value in Oregon is $495,042, up 0.7% over the past year. Learn more about the Oregon housing market and real estate trends.
Oregon housing market forecast: Will prices rise or fall? Find out the latest predictions for major cities and regions in Oregon's diverse real estate market.
Home Prices Will Continue to Rise: Home prices rose steadily in the top metros across OR YoY, reaching $579K in June 2024. Cities like Bend and Medford expect a surge in home prices 3.8% by March 31, 2025.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Median sale prices across Oregon in September ranged from $167,000 in Wheeler County to $965,000 in Hood River County, according to the real estate marketplace Redfin.
Nationwide, the real estate firm predicts home prices will fall slightly – by about 1.7% – next year, though larger drops are anticipated in 21 of the country’s largest metro areas that ...
The forecast predicts a slight increase in median sale prices for May 2024, followed by a gradual decline throughout the rest of the year. By April 2025, prices could be around 2.8% lower than their March 2024 peak.
Lynnea Miller, principal broker at Bend Premier Real Estate, says while the increase in inventory is significant compared to years past, the market is still not close to balanced. She says declining home prices are moving in the right direction, but prices are still too high for many people who want to buy a home to enter the market.