Oak Grove Housing Update: Prices Ease, Listings Hold Steady
Oak Grove, OR – March 12, 2026 – Home prices eased year over year while buyer activity stayed competitive, with homes selling faster and median listings near $525K.
Oak Grove, OR remains an active market early in 2026, with prices adjusting and homes moving more quickly than a year ago.
Top takeaways
- Median sale price around $445,000 in January, down year over year.
- Homes selling in about 26 days on average, faster than last year.
- Median listing prices near $525,000 across active inventory.
Market snapshot
According to Redfin data for January 2026, the median sale price in Oak Grove was $445,000, a 10.6% decrease compared with the same month last year. Despite softer pricing, homes are moving more quickly: properties sold in roughly 26 days on average, compared with significantly longer timelines a year ago. Seven homes closed during the month, slightly fewer than last January.
Active listings tell a somewhat different story. Realtor.com shows a median listing price near $525,000, suggesting sellers are still testing higher price points even as closed-sale data reflects moderation. The gap between listing and sold prices may shape negotiations this spring.
What’s for sale
Current inventory includes a mix of mid-century ranch homes, split-level properties from the 1970s, and newer builds on standard residential lots. Buyers can find:
- Three-bedroom homes priced in the mid-$400Ks to low-$500Ks.
- Larger or updated properties listed above $600K.
- Occasional river-adjacent or oversized-lot homes at premium pricing.
Overall supply appears steady, giving buyers more options than during the tightest periods of the past few years, while well-priced homes continue to attract attention quickly.
Outlook
With sale prices down year over year but marketing times shorter, Oak Grove is showing signs of recalibration rather than slowdown. Buyers may find improved negotiating leverage compared with early 2024 and 2025, while sellers who price competitively are still seeing timely offers.
Are you noticing more price reductions, multiple-offer situations, or longer open house traffic in your neighborhood?
Sources
https://www.redfin.com/city/24765/OR/Oak-Grove/housing-market
https://www.realtor.com/realestateandhomes-search/Oak-Grove_OR
https://www.zillow.com/oak-grove-or/