Oregon
Local Housing Market · Zillow ZHVI · March 2026
$499,004
Typical Home Value
▼ 0.7% YoY ▼ 0.14% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Oregon Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$499,004
▼ 0.7% YoY
Month-over-Month
▼ 0.14% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Oregon
Market Indicators
REALTOR.COM🏦 LO Market Signal · April 2026
• Inventory is up 14.6% YoY and listing prices are softening 4.3% YoY with 21.0% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 52 days — a slower market. Pending ratio is 0.43 — moderate demand, purchase timelines are manageable.
• New listings are declining 5.1% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$550,000
▼ 4.3% YoY
Median Days on Market
52d
0d YoY
Active Listings
14,492
▲ 14.6% YoY
New Listings
6,210
▼ 5.1% YoY
Price Reduced Share
21.0%
of active listings
Pending Ratio
0.43
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Oregon
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · April 2026
Eugene-Springfield
▼ COOLING
National rank #192
Median Price
$529,225
Median DOM
49d
Demand score 32/100
Medford
▼ COOLING
National rank #218
Median Price
$522,632
Median DOM
51d
Demand score 22/100
Portland-Vancouver-Hillsboro
▼ COOLING
National rank #227
Median Price
$579,750
Median DOM
46d
Demand score 4/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply