by Corey Davis

Nehalem, OR

Single-Family Homes



Nehalem, OR

Tue Oct 07 2025
This week the median list price for Nehalem, OR is $563,500 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has decreased to 16. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Nehalem, OR

Tue Oct 07 2025
This week the median list price for Nehalem, OR is $563,500 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has decreased to 16. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Nehalem market.
Median List Price $563,500
Median Price of New Listings $449,000
Per Square Foot $359
Average Days on Market 117
Median Days on Market 102
Price Decreased 38%
Price Increased 6%
Relisted 0%
Inventory 16
Median Rent
Market Action 31
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$689,500 1,731 1 - 2.5 acres 3 2 29 0 1 84
$599,475 2,170 0.5 - 1 acre 4 2.3 49 0 0 105
$499,200 1,346 6,500 - 8,000 sqft 3 2 25 1 0 101
$417,000 1,440 8,000 - 10,000 sqft 3 1.8 34 2 0 66