Two housing markets, one honest read.

Tip for buyers this month

In the Treasure Valley, roughly 2.5 months of supply means well-priced homes can still draw competition, so being pre-approved and clear on your must-haves before you tour helps you move quickly when the right home comes up. In the Portland Metro, 4.2 months is a balanced market, which usually means more homes to compare and some room to negotiate on price or terms, especially on homes that have been listed longer.

Tip for sellers this month

With about 2.5 months of supply in the Treasure Valley, the scale tips to sellers, but pricing and presentation still decide how many buyers compete, so compare recent closings before you set a price. In the Portland Metro's balanced conditions, buyers have more options, so homes priced and prepared against comparable sales tend to sell faster and closer to asking.

Source and method

Portland Metro figures are from RMLS, the region's multiple listing service, Market Action reports through September 2026. Treasure Valley figures are from Intermountain MLS (IMLS) market data reported through Boise Regional REALTORS, with county medians through September 2026 and city medians from the most recent months published for each city as of October 24, 2026. Paul is a broker member of RMLS, IMLS, WVMLS, LCMLS, SOMLS, COAR, and Tillamook MLS. Every figure above comes from a local MLS source; no aggregator-sourced figures are used, and ZIP-level medians are not estimated.

Fair housing statement

These statistics describe homes and sale prices, never people. Every home is offered to all qualified buyers without regard to race, color, religion, sex, national origin, disability, or family status. Paul Knighton, MORE Realty, supports fair housing and equal opportunity in Oregon and Idaho.

If you're buying

Portland's months of supply sits just above four months, which means more homes to compare and more room to negotiate. In the Treasure Valley, county medians are up modestly year over year and sales are running well above last year, so the strongest move is being ready: clear on your budget, quick on your feet, and represented by someone who knows each listing's true comparable value.

If you're selling

In the Treasure Valley, closed sales ran 11.4 percent above last year in August, but pricing still decides how many buyers compete. In Portland, medians held roughly steady in September while buyers took a bit more time (62 days on market, up from 56), so well-priced, well-prepared homes earn qualified attention. Paul prices from data, not hope, and negotiates the gap.

If you're moving between states

Selling in one market and buying in another means two different inventories, two different paces, and one timeline. Paul holds both threads, so your sale and your purchase stay coordinated instead of colliding.