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$490,224. The average Oregon home value is $490,224, down 1.9% over the past year and goes to pending in around 17 days.
While the average value in Portland is increasing quickly, that means you can ride this wave and quickly build equity. In the state of Oregon as a whole, home price growth was at a 7.7% increase in values over the last year.
Yes, prices are dropping in Oregon, but it's not a steep decline. The median sale price in February 2023 was $481,000, ing to Redfin, which is 1.4 percent lower than the same time last year but still quite a bit higher than the national median of $363,000.
Oregon Housing Market Trends What is the housing market like in Oregon today? In September 2023, Oregon home prices were up 51.1% compared to last year, selling for a median price of $491K. On average, homes in Oregon sell after 64 days on the market compared to 62 days last year.
$490,224. The average Oregon home value is $490,224, down 1.9% over the past year and goes to pending in around 17 days.