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More First-Time Buyers Are Entering the Market: What It Means for Central Oregon

Market Update

More First-Time Buyers Are Entering the Market: What It Means for Central Oregon

More First-Time Buyers Are Entering the Market: What It Means for Central Oregon

For the first time in several years, more first-time buyers are finding opportunities in today's housing market.

According to the latest REALTORS® Confidence Index from the National Association of REALTORS®, first-time buyers accounted for 35% of all home purchases—the highest share since June 2020. At the same time, inventory has improved, giving buyers more choices and creating new opportunities for those who may have previously felt priced out of the market.

See Full Realtor Confidence Survey Report Here

More Choices Are Creating New Opportunities

Over the past few years, buyers faced intense competition and limited inventory. While affordability remains a challenge, the increase in available homes is helping create a more balanced market.

The NAR report shows that homes are still receiving multiple offers on average, but buyers are facing less pressure than they were during the peak of the market frenzy. Fewer buyers are waiving inspections, giving them more confidence and flexibility during the home search process.

Buyers Are Returning—But Being Selective

Today's buyers are active, but they're taking a more thoughtful approach. Many are waiting for the right home, location, and price point before making a move.

In Central Oregon, buyers continue to prioritize lifestyle factors such as outdoor recreation, walkable communities, and proximity to work, schools, and everyday amenities.
What Sellers Should Know

More inventory doesn't mean sellers have lost their advantage.

The NAR survey found that 25% of homes nationwide still sold above asking price, and many properties continue to receive multiple offers. Well-priced and well-presented homes are still attracting strong buyer interest.

However, with more options available, buyers are becoming more selective. Strategic pricing, strong marketing, and proper preparation remain key to a successful sale.

A Market Moving Toward Balance

One of the biggest takeaways from the latest housing data is that the market is gradually becoming more balanced.

Buyers are gaining more choices and negotiating power, while sellers continue to benefit from steady demand. Rather than strongly favoring one side, today's market is creating opportunities for both buyers and sellers who approach their goals with the right strategy.

Whether you're buying your first home, moving up, downsizing, or selling, understanding current market trends can help you make informed decisions in Central Oregon's evolving real estate market.

If you'd like to discuss your options or learn how current trends may affect your specific situation, we're always here to help.

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All information is considered reliable, but not guaranteed. Please contact one of our agents licensed in Oregon for more information.

All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. AvenirRealty, License , Avenir Realty.

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Serving all of Central Oregon, we specialize in sellers and buyers looking to downsize for retirement, move into a larger home, or a home with closer proximity to trails, rivers, or local amenities.

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473 W. Hood Ave #102,
Sisters, OR 97759