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Price Drops in Oregon

41 cities with year-over-year price decreases

-30.2%

Biggest Drop

-9.0%

Avg Decline

Opportunity for Buyers

Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.

Biggest Price Declines

All Price Drops in Oregon

1 Sunnyside
-30.2%
$410K 131d on market 3.4 mo supply
2 Ashland
-21.5%
$440K 54d on market 2.8 mo supply
3 North Plains
-19.2%
$490K 97d on market 4.3 mo supply
4 Silverton
-18.9%
$495K 74d on market 4.4 mo supply
5 Sandy
-18.8%
$459K 31d on market 2.0 mo supply
6 Bethany
-17.1%
$634K 75d on market 3.3 mo supply
7 Mount Hood Villages
-16.4%
$365K 64d on market 4.6 mo supply
8 Corvallis
-15.7%
$485K 48d on market 3.0 mo supply
9 King City
-15.3%
$426K 50d on market 1.8 mo supply
10 Cornelius
-14.3%
$485K 24d on market 2.5 mo supply
11 The Dalles
-12.5%
$345K 50d on market 2.8 mo supply
12 Mount Hood Village
-11.4%
$353K 47d on market 2.4 mo supply
13 Forest Grove
-11.0%
$485K 107d on market 3.0 mo supply
14 Coos Bay
-11.0%
$325K 35d on market 3.4 mo supply
15 Gladstone
-10.6%
$538K 37d on market 1.7 mo supply
16 Medford
-9.5%
$392K 39d on market 3.5 mo supply
17 West Haven-Sylvan
-9.2%
$618K 66d on market 2.2 mo supply
18 Lebanon
-8.8%
$338K 86d on market 5.2 mo supply
19 Roseburg
-8.0%
$322K 43d on market 3.5 mo supply
20 Canby
-6.9%
$575K 52d on market 2.4 mo supply
21 Florence
-6.8%
$375K 105d on market 3.9 mo supply
22 Milwaukie
-6.6%
$513K 50d on market 2.9 mo supply
23 Wilsonville
-6.6%
$654K 55d on market 2.8 mo supply
24 Keizer
-5.9%
$430K 56d on market 2.9 mo supply
25 St. Helens
-5.9%
$400K 44d on market 2.5 mo supply
26 Aloha
-4.9%
$490K 36d on market 2.3 mo supply
27 Redmond
-4.8%
$505K 60d on market 2.6 mo supply
28 River Road
-4.8%
$400K 65d on market 1.3 mo supply
29 West Linn
-4.2%
$738K 80d on market 2.5 mo supply
30 Oregon City
-4.0%
$565K 40d on market 2.1 mo supply
31 Sutherlin
-3.4%
$395K 44d on market 3.3 mo supply
32 North Bend
-3.2%
$332K 29d on market 3.0 mo supply
33 La Grande
-3.0%
$313K 44d on market 1.5 mo supply
34 Central Point
-2.9%
$399K 37d on market 1.6 mo supply
35 Woodburn
-2.9%
$428K 53d on market 4.1 mo supply
36 Tigard
-2.9%
$587K 74d on market 2.1 mo supply
37 Sweet Home
-2.9%
$325K 99d on market 5.1 mo supply
38 Salem
-2.4%
$423K 83d on market 3.7 mo supply
39 Cottage Grove
-2.1%
$367K 99d on market 1.8 mo supply
40 Grants Pass
-1.0%
$354K 72d on market 3.0 mo supply
41 Bend
-0.9%
$676K 69d on market 2.8 mo supply

More Oregon Market Data

Markets with Price Corrections in Oregon

41 cities in Oregon are experiencing year-over-year price declines. The largest drop is in Sunnyside at -30.2%.

Why Prices Drop

Is It a Good Time to Buy?

Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.

Frequently Asked Questions

Where are home prices dropping in Oregon?

Several Oregon cities are experiencing year-over-year price declines. Our data tracks median home prices across all major Oregon markets, updated regularly. Check the city list above to see which areas have the largest price drops and best buying opportunities.

Why are home prices dropping in some Oregon cities?

Price drops typically occur when housing inventory increases faster than buyer demand. Contributing factors in Oregon include rising inventory from new construction, higher mortgage rates reducing buyer purchasing power, and market corrections in areas that saw rapid price appreciation.

Are Oregon home prices expected to keep dropping?

Market forecasts vary by city. Areas with growing inventory and slowing demand may see continued price softening, while cities with strong job growth and limited supply tend to stabilize. Monitor months of supply and price trends in your target Oregon city for the most accurate picture.

Should I buy in a Oregon city with falling prices?

Falling prices can present excellent buying opportunities, especially if you're planning to stay long-term. The key is understanding whether the decline is a temporary correction or a deeper structural issue. A local Oregon agent can help you evaluate specific neighborhoods and identify properties priced below market value.

How much have home prices dropped in Oregon?

Price changes vary significantly across Oregon cities. Some areas have seen modest 1-3% declines, while others may show larger drops of 5% or more. Use our city-level data above to see the exact year-over-year price change for each market.

Find Opportunities in Oregon

Work with a local agent who can help you identify value in changing markets.

Find an Agent