Oregon Real Estate Trends - A New Way to Look at Oregon Realty

Oregon Real Estate

The robust Oregon real estate market caters to investors, home buyers and renters alike with its wide variety of price points and property types. Urbanites need look no further than Portland homes for sale to find the downtown living and city nightlife that they crave.

Buyers seeking a suburban or rural lifestyle will be pleased to know that the Oregon real estate market encompasses both unique and traditional housing choices. Oregon is still considered a traditional “buyer’s market” as the average condo is generally on the market for 207 days and single family homes 228 days before sale.

The Portland real estate market is slightly more seller friendly than the rest of Oregon. The average condo sells for $207,000 and is on the market just 164 days while single family homes cost $250,000 and generally find a buyer in 143 days. The city’s charm combined with the wealth of inventory makes the Portland real estate market an excellent choice for all kinds of local and out-of-state shoppers. Here’s a look at current prices in the city.

Average listing price for properties in Portland:
  • Commercial: $667,000
  • Condos/Townhouses: $310,000
  • Lot/Land: $307,000
  • Mobile/Manufactured: $237,000
  • Multi-Family: $423,000
  • Single Family: $375,000
  • Map of Oregon Cities - Average Listing Price Change

    Oregon Real Estate:
    Largest Increase in Listing Price

    City 3 mo.
    La Pine, OR Real Estate
    20.20%
    La Grande, OR Real Estate
    14.35%
    Happy Valley, OR Real Estate
    6.82%
    Florence, OR Real Estate
    6.75%
    Prineville, OR Real Estate
    5.39%

    Oregon Real Estate:
    Largest Decrease in Listing Price

    City 3 mo.
    Milton Freewater, OR Real Estate
    22.82%
    Milwaukie, OR Real Estate
    11.28%
    Sweet Home, OR Real Estate
    8.39%
    Eagle Point, OR Real Estate
    7.88%
    Bandon, OR Real Estate
    6.02%

    Oregon Homes For Sale By City

    Most Expensive Oregon Homes for Sale by City

    City Median $ 3 mo.
    Lake Oswego, OR Homes for Sale $976,935
    4.49%
    Sherwood, OR Homes for Sale $777,540
    2.44%
    West Linn, OR Homes for Sale $713,558
    1.40%
    Sisters, OR Homes for Sale $697,563
    1.62%
    Ashland, OR Homes for Sale $689,245
    3.96%

    Least Expensive Oregon Homes for Sale by City

    City Median $ 3 mo.
    Sweet Home, OR Homes for Sale $201,501
    8.39%
    Milton Freewater, OR Homes for Sale $207,241
    22.82%
    Baker City, OR Homes for Sale $223,463
    3.40%
    The Dalles, OR Homes for Sale $224,821
    2.60%
    Klamath Falls, OR Homes for Sale $235,297
    1.48%

    Best Oregon Cities for Families and Singles

    Top 5 Oregon Cities for Families

    City Homes with
    Children
    Crime vs. Natl. Avg.
    Happy Valley, OR Local Info 52.00% 0.63
    Cornelius, OR Local Info 48.00% 0.70
    Sherwood, OR Local Info 46.00% 0.85
    Oak Hills, OR Local Info 45.00% 0.27
    Aloha, OR Local Info 42.00% 0.71

    Top 5 Oregon Cities for Singles

    City Unmarried Female
    to Male
    Corvallis, OR Local Info 76.00% 50% / 50%
    Hayesville, OR Local Info 73.00% 51% / 49%
    Klamath Falls, OR Local Info 72.00% 50% / 50%
    Ontario, OR Local Info 72.00% 53% / 47%
    Portland, OR Local Info 72.00% 50% / 50%
    Methodology

    Largest Increase in Listing Price Methodology

    This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage increase in median listing prices for single family homes over a three month period.

    Largest Decrease in Listing Price Methodology

    This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage decrease in median listing prices for single family homes over a three month period.

    Most Expensive Homes for Sale by City Methodology

    This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five highest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.

    Least Expensive Homes for Sale by City Methodology

    This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five lowest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.

    Top 5 Cities for Families Methodology

    This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of homes with children and the lowest crime rate. Crime rate is determined by comparing each city's crime rate index against the national crime rate index, which equals 100. A number lower than one indicates less crime than the national average, while a number greater than one indicates more overall crime than the national average.

    Top 5 Cities for Singles Methodology

    This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of unmarried people. An unmarried person is defined as someone who was never married, is separated, or divorced.