Published October 18, 2026 in Market Update

North Plains has fewer homes for sale, even with more new listings

By Tony Apa
Real estate, North Plains

Here is the one fact that changes what you should do right now. The Real Estate Data Aggregator counted just 28 homes for sale in ZIP 97133 during the three months ending August 31, 2026. That is down 31.7% from the same period a year ago. Supply is tight. But more competition is coming, and that changes the math for sellers.

Months of supply in North Plains (ZIP 97133), three months ending August 31, 2026
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

The Real Estate Data Aggregator shows 2.8 months of supply in North Plains. That is still a seller's market by most measures. But new listings jumped 40% year over year, to 35 in those same three months. More sellers are showing up. Buyers have more to look at. That is why Realtor.com reported price reductions hit 4-year highs across regions in September 2026.

North Plains at a glance, three months ending August 31, 2026
Homes for sale
Down 31.7% from a year ago
New listings
Up 40% from a year ago
Months of supply
Down 1 month from a year ago
Homes sold
Down 6.1% from a year ago
Pending sales
Up 61.9% from a year ago
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Prices dipped a little. Buyers are still paying close to list.

The Real Estate Data Aggregator put the median sale price in ZIP 97133 at $505,400 for the three months ending August 31, 2026. That is down 6.8% from the same period in 2025. Not a collapse, but a real shift worth knowing. The honest read: sellers who priced right still got close to what they asked. The Real Estate Data Aggregator shows homes sold at 99% of list price on average. That is only down 0.4 points from a year ago.

How close to list price did homes sell?
Sale to list, this year99%Sale to list, last year (implied)99.4%
Real Estate Data Aggregator, three months ending August 31, 2026. Last year's figure is derived from the reported 0.4-point change.

About 1 in 6 homes, 16.1% to be exact, sold above list price, per the Real Estate Data Aggregator. That share is actually up 0.9 points from a year ago. So while the median price fell, some well-priced homes still drew competition.

Homes are taking a little longer to sell.

The Real Estate Data Aggregator shows a median of 56 days on market in ZIP 97133. That is 3 days longer than the same period last year. Not a big jump, but the direction matters. The share of homes that went under contract within two weeks of listing was 26.5%, down 2.1 points from a year ago. Speed is still possible, but it is not automatic.

The national picture adds context.

North Plains is not alone in feeling this shift. Realtor.com reported that mortgage rates topped 7% in September 2026. A separate Realtor.com report showed price reductions hit 4-year highs across regions that same month. Meanwhile, the Federal Housing Finance Agency reported U.S. house prices rose just 2.6% from July 2025 to July 2026, and only 0.3% from the prior month. Growth has slowed nationally. North Plains reflects that.

Pending sales in ZIP 97133 jumped 61.9% year over year, per the Real Estate Data Aggregator. That tells you buyers are still active here. They are just more selective. Pricing and condition are doing more of the work than they did a year ago.

In short
  1. North Plains still has tight supply at 2.8 months, per the Real Estate Data Aggregator.
  2. But new listings are up 40% and the median price is down 6.8% from last year.
  3. Homes are selling at 99% of list when priced right.
  4. The window is open.
  5. It is just narrower than it was.

One more thing worth saying: these are ZIP code numbers. One street in North Plains can read very differently from the whole 97133 picture. If your home is on a specific block, the story may not match what you see above. Text me your address and I will tell you what the numbers say for your spot.

Your next step

(503) 300-6224

Text me your address and I will send back how your North Plains home sits against the 31 homes that actually sold in ZIP 97133 this summer, including where the median price and days on market land for homes like yours. Takes a day, costs nothing.

Text me
Where these numbers came from
Tony Apa
Oregon Life Property Group powered by JMG · (503) 300-6224 · tonyapa@jasonmitchellgroup.com
Tony Apa is a licensed real estate agent with Oregon Life Property Group powered by JMG (license #201250233), license #201216668. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Tony Apa · Equal housing opportunity