by Corey Davis

Gearhart, OR 97138

Single-Family Homes



Gearhart, OR 97138

Tue Jul 01 2025
This week the median list price for Gearhart, OR 97138 is $1,295,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Gearhart market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Gearhart, OR 97138

Tue Jul 01 2025
This week the median list price for Gearhart, OR 97138 is $1,295,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Gearhart market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Gearhart market.
Median List Price $1,295,000
Median Price of New Listings $585,000
Per Square Foot $484
Average Days on Market 89
Median Days on Market 42
Price Decreased 22%
Price Increased 0%
Relisted 4%
Inventory 23
Median Rent
Market Action 35
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,545,000 4,759 1 - 2.5 acres 5 4.3 24 0 0 52
$2,040,000 3,674 0.5 - 1 acre 4 3.3 29 0 1 35
$805,000 1,978 0.25 - 0.5 acre 3 2.3 17 0 0 45
$585,000 1,850 0.25 - 0.5 acre 3 2 16 1 0 14