Oregon Housing Market Forecast — August 2026
Sialim tracks 20 Oregon metros, forecasting home values next month, next quarter, and one year out from Zillow price history plus mortgage rates, inventory, and labor data.
Metros tracked
20
in Oregon
Forecast to rise — August 2026
18
2 forecast to fall or hold
Average forecast change
+0.19%
across all Oregon metros, next month
Oregon metros — August 2026
| Metro | Current value | Forecast | 1-month change | Regime |
|---|---|---|---|---|
| Portland, OR | $549,241 | $549,779 | +0.10% | Cooling |
| Salem, OR | $455,386 | $455,486 | +0.02% | Stabilizing |
| Eugene, OR | $461,511 | $462,540 | +0.22% | Stabilizing |
| Medford, OR | $441,885 | $442,583 | +0.16% | Stabilizing |
| Bend, OR | $668,236 | $668,744 | +0.08% | Cooling |
| Albany, OR | $413,795 | $413,953 | +0.04% | Neutral |
| Roseburg, OR | $347,833 | $347,673 | -0.05% | Stabilizing |
| Corvallis, OR | $562,325 | $563,872 | +0.28% | Stabilizing |
| Hermiston, OR | $316,182 | $316,979 | +0.25% | Neutral |
| Grants Pass, OR | $394,254 | $394,625 | +0.09% | Stabilizing |
| Klamath Falls, OR | $312,655 | $317,535 | +1.56% | Neutral |
| Coos Bay, OR | $353,451 | $353,928 | +0.14% | Stabilizing |
| Ontario, OR | $378,701 | $379,315 | +0.16% | Stabilizing |
| Newport, OR | $479,350 | $480,098 | +0.16% | Cooling |
| Astoria, OR | $520,471 | $520,731 | +0.05% | Cooling |
| The Dalles, OR | $403,913 | $404,531 | +0.15% | Cooling |
| La Grande, OR | $339,555 | $340,071 | +0.15% | Neutral |
| Prineville, OR | $477,666 | $478,005 | +0.07% | Cooling |
| Hood River, OR | $696,428 | $698,204 | +0.26% | Recovering |
| Brookings, OR | $457,551 | $457,464 | -0.02% | Stabilizing |
Frequently asked questions
Are Oregon home prices rising or falling?
Of the 20 Oregon metros Sialim tracks, 18 are forecast to rise in August 2026 and 2 are forecast to fall or hold. The average forecast change across the state is +0.19%.
What is the largest Oregon metro by home value tracked here?
Portland, OR, with a typical home value of $549,241 as of the latest data.
Forecasts are model output, not advice. Data: Zillow ZHVI (© Zillow), Freddie Mac via FRED, US Bureau of Labor Statistics via FRED. Methodology.