10/13/2026
September's Lane County housing numbers are in, and there's more to the story than home prices! 🏡 According to the September 2026 RMLS Market Action Report, the average sale price landed at $484,500, down just 0.6% year over year, while the median rose slightly to $450,000. 📊 Despite relatively stable prices, market activity tells a different story. New listings dropped 11.6%, pending sales fell 21.2%, and closed sales declined 9.7% compared to last September. Meanwhile, average market time increased from 55 to 66 days. Higher borrowing costs, affordability challenges, and buyers taking more time to evaluate their options can all contribute to slower activity. What we're seeing isn't a dramatic drop in home values, but a market where transactions are taking longer and buyers are becoming more selective likely due to rates increasing.
Looking closer at where homes are selling reveals some interesting shifts! Sales between $400K–$500K dropped from 129 to 82 year over year, while the $500K–$600K range actually grew from 57 to 64 sales. 🔍 This doesn't necessarily indicate rising property values, but rather a shift in the types and price points of homes changing hands. 🏠 For buyers, slower activity and longer market times may mean greater negotiating opportunities, especially on homes that have been sitting. However, fewer new listings also limit available choices, so desirable, competitively priced properties can still move quickly.
For sellers, pricing accurately from day one, preparing your property thoughtfully, and understanding the competition are increasingly important. Buyers have more time to compare homes, and overpriced listings risk sitting longer. 📍 Whether you're buying, selling, or simply keeping an eye on your home's value, understanding what's happening in your specific neighborhood and price range is far more useful than relying on countywide averages alone!
Felicia Mondragon | Your Go-To Track Town Realtor® | 541-255-5772
