by Corey Davis

Nehalem, OR

Single-Family Homes


Nehalem, OR

Wed Dec 10 2025
This week the median list price for Nehalem, OR is $493,500 with the market action index hovering around 31. This is less than last month's market action index of 34. Inventory has decreased to 13. Click here to stay informed with the Nehalem 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Nehalem, OR

Wed Dec 10 2025
This week the median list price for Nehalem, OR is $493,500 with the market action index hovering around 31. This is less than last month's market action index of 34. Inventory has decreased to 13. Click here to stay informed with the Nehalem 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Nehalem market.
Median List Price $493,500
Median Price of New Listings $375,000
Per Square Foot $305
Average Days on Market 168
Median Days on Market 119
Price Decreased 31%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$659,950 1,948 0.5 - 1 acre 3 2 30 0 1 126
$529,000 1,616 4,500 - 6,500 sqft 3 2 5 0 0 63
$425,000 1,353 4,500 - 6,500 sqft 3 2 23 1 0 63
$299,000 1,440 2.5 - 5 acres 3 1.5 46 0 0 196