Oregon offers various assistance programs for first-time homebuyers amid rising home prices, with the median sale price at $508,100 as of January 2025. The Oregon Bond Residential Home Loan Program provides low-rate mortgages and options like Cash Advantage, which offers 3% towards closing costs, and Rate Advantage, which has lower rates but no cash assistance. Other programs include FirstHome and NextStep, providing down payment assistance, and the Down Payment Assistance Loan (DPAL) in Portland, offering up to $100,000.