What’s the Best Time to Buy a Home in Oregon?

If you’ve been wondering when the “perfect time” to buy a home in Oregon is, you’re not alone. Buyers often ask if they should wait for spring inventory, take advantage of slower winter months, or jump in before interest rates change again. The truth? The best time to buy depends less on the calendar and more on your personal goals—and the unique conditions in today’s Oregon real estate market.

Seasonal Trends in Oregon Real Estate

• Spring & Summer: Historically, more homes hit the market between March and August. This means buyers enjoy greater selection—but also face more competition. In Portland, that often leads to multiple offers and quicker sales.

• Fall & Winter: From October through February, inventory tightens, but motivated sellers often price more competitively. This can be an opportunity for buyers to negotiate better terms or avoid bidding wars.

Interest Rates Matter More Than Seasons

In 2025, mortgage rates continue to play the biggest role in affordability. Even a half-point drop in interest rates can save you hundreds of dollars per month—impacting your long-term wealth far more than whether you bought in May or November.

So What? Why This Matters to You

Timing your purchase around market “seasons” can help, but the bigger impact comes from understanding your financing, local inventory, and negotiation strategy. Buying in Oregon isn’t about finding the absolute lowest price of the year—it’s about finding the right home when it meets both your budget and your lifestyle goals.

That’s where working with a local market expert makes all the difference. I help my clients track seasonal inventory patterns, interest rate shifts, and neighborhood trends so they can confidently buy when the time is right for them.

The Bottom Line

The best time to buy in Oregon is when you’re financially ready, partnered with the right lender, and working with a Realtor who knows how to help you negotiate in Portland’s dynamic market. Whether you’re aiming for a spring move-in or want to take advantage of winter deals, the “right” time is the moment you find a home that checks your boxes and makes sense for your future.

If you’re thinking about buying this year, let’s connect. I’ll help you weigh today’s rates, seasonal opportunities, and neighborhood trends so you can make the best move possible.

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Lisa Mehlhoff Homes | Portland Realtor