Market Intelligence · OR
Oregon home prices and housing market.
Real market data across 16 cities and 73 ZIP markets in OR. The typical home is worth about $456K.
Updated September 2026Typical value$456K
The typical home value in Oregon is $456K as of September 2026, up 1.0% from a year ago, based on the Zillow Home Value Index. In the typical Oregon ZIP code, the median list price is $542K and homes spend a median of 83 days on market as of September 2026 (Realtor.com).
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Prices over time
Oregon home prices over time
Typical home values in Oregon are up 1.0% over the past year, from $452K in September 2025 to $456K in September 2026.
| Month | Typical value | 1-yr change |
|---|---|---|
| September 2026 | $456,438 | +1.0% |
| September 2025 | $451,792 | No prior year |
Typical value is the median Zillow Home Value Index across Oregon ZIP codes, taken in September of each year so every row compares the same month.
Market balance
Is Oregon a buyer's or seller's market?
Oregon leans toward a buyer's market.
Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.
Based on a median of 83 days on market and 23% of listings with a price cut in the typical Oregon ZIP code, and 4,588 new listings against 18,614 active listings across Oregon, as of September 2026 (Realtor.com).
The outlook
Oregon housing market forecast 2027
+0.1%
Weighted average of Zillow's ZIP forecasts, 12 months to September 2027
A weighted average of Zillow's ZIP forecasts, across 307 Oregon ZIP codes, points to typical home values holding roughly flat by September 2027 (up 0.1%).
Over the 12 months through September 2026, typical home values in Oregon rose 1.0%, per the Zillow Home Value Index.
Will home prices drop in Oregon?
Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Oregon shows typical home values holding roughly flat by September 2027 (up 0.1%), after a 1.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.
How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 307 Oregon ZIP codes have both figures.
Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.
Market board
Which Oregon markets have the highest home values?
As of September 2026
- 1Lake Oswego, OR$916,331Up1.9%2 ZIP markets; open the Lake Oswego, OR market page
- 2Bend, OR$699,760Down0.9%4 ZIP markets; open the Bend, OR market page
- 3Corvallis, OR$547,609Up0.3%2 ZIP markets; open the Corvallis, OR market page
- 4Portland, OR$547,291Up0.6%32 ZIP markets; open the Portland, OR market page
- 5Ashland, OR$541,690Up2.1%1 ZIP market; open the Ashland, OR market page
- 6Hillsboro, OR$521,474Down2.2%2 ZIP markets; open the Hillsboro, OR market page
- 7Eugene, OR$519,281Up1.1%6 ZIP markets; open the Eugene, OR market page
- 8Beaverton, OR$486,647Down2.8%6 ZIP markets; open the Beaverton, OR market page
- 9Mcminnville, OR$479,018Down1.1%1 ZIP market; open the Mcminnville, OR market page
- 10Gresham, OR$470,747Down0.6%2 ZIP markets; open the Gresham, OR market page
- 11Salem, OR$453,407Up0.7%7 ZIP markets; open the Salem, OR market page
- 12Prineville, OR$427,634Up0.6%1 ZIP market; open the Prineville, OR market page
- 13Medford, OR$401,742Up0.8%2 ZIP markets; open the Medford, OR market page
- 14Grants Pass, OR$396,124Down0.1%2 ZIP markets; open the Grants Pass, OR market page
- 15Klamath Falls, OR$293,823Up0.2%2 ZIP markets; open the Klamath Falls, OR market page
- 16Lakeview, OR$199,889Down3.8%1 ZIP market; open the Lakeview, OR market page
Typical value is the median Zillow home value (ZHVI) across each city's ZIP codes, as of September 2026. 1-yr change compares that median to the same ZIPs a year earlier. More OR markets publish as their data clears editorial QA.
Zillow ZHVI, September 2026
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Common questions
Questions about Oregon home prices.
What is the typical home price in Oregon?
The typical home price in Oregon is about $456K as of September 2026, based on the Zillow Home Value Index (the median of the index across Oregon ZIP codes). In the typical Oregon ZIP code, the median list price is $542K as of September 2026 (Realtor.com), which reflects what sellers are asking rather than what homes sell for.
Are home prices going up or down in Oregon?
Typical home values in Oregon are up 1.0% over the past year, based on the Zillow Home Value Index as of September 2026.
Is Oregon a buyer's or seller's market?
Oregon leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 83 days on market and 23% of listings with a price cut in the typical Oregon ZIP code, and 4,588 new listings against 18,614 active listings across Oregon, as of September 2026 (Realtor.com).
How long do homes take to sell in Oregon?
In the typical Oregon ZIP code, homes spend a median of 83 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.
The market is moving