Markets › Oregon
Oregon housing market
In the Beaver State, part of the Census Bureau's Pacific division, Pecan Street tracks eight markets. Median sale prices run from $409K in Albany to $673K in Bend over Jul–Sep 2026. Five of eight are higher than a year earlier and three are lower; Grants Pass leads at +4.2% and Albany trails at -4.2%.
Homes sit longest in Bend (94 median days on market) and sell fastest in Corvallis (65 days). The share of active listings with a price cut runs from 26% in Bend to 47% in Portland. Price-to-rent ratios run from about 14 in Albany to 21 in Bend, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Bend metro has the 8th-most median days on market and the Albany metro the 13th-slowest year-over-year price growth. Oregon's unemployment rate was 5.0% in Sep 2026 (BLS via FRED), above the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Albany | $409K | -4.2% | 67 | 41% | ≈ 14 |
| Bend | $673K | -0.2% | 94 | 26% | ≈ 21 |
| Corvallis | $559K | +4.2% | 65 | 36% | ≈ 18 |
| Eugene | $479K | +1.4% | 68 | 46% | ≈ 19 |
| Grants Pass | $426K | +4.2% | 91 | 27% | ≈ 19 |
| Medford | $451K | +3.9% | 79 | 30% | ≈ 18 |
| Portland | $558K | -0.1% | 71 | 47% | ≈ 18 |
| Salem | $463K | +1.5% | 75 | 41% | ≈ 16 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.