Oregon real estate — week of May 22, 2026

Strength 4 / 5

77 days

West Linn homes taking 77 days to sell — +140.6% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$436K

Ashland median price -24.3% YoY

Price-per-sqft also -7.8% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$469K

Eugene avg sale price fell back under $500K — now $469K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

$399K

Medford median price -9.9% YoY

Price-per-sqft also -2.0% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$524K

Portland avg sale price crossed $500K — now $524K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

$682K

Bend median price -7.9% YoY

Price-per-sqft also -4.4% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

27 days

Ashland selling in 27 days — -53.4% vs. a year ago

Homes are clearing faster than they did this month last year — a leading indicator that seller leverage is returning to this market.

Strength 4 / 5

64 listings

Oregon City new listings +51.7% vs. 5-year average for this month

Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.