Andrea Mace

Rockaway Beach, OR 97136

Single-Family Homes



Rockaway Beach, OR 97136

Mon Dec 23 2024
This week the median list price for Rockaway Beach, OR 97136 is $508,500 with the market action index hovering around 29. This is less than last month's market action index of 33. Inventory has decreased to 20. Click here to stay informed with the Rockaway Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Rockaway Beach, OR 97136

Mon Dec 23 2024
This week the median list price for Rockaway Beach, OR 97136 is $508,500 with the market action index hovering around 29. This is less than last month's market action index of 33. Inventory has decreased to 20. Click here to stay informed with the Rockaway Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Rockaway Beach market.
Median List Price $508,500
Median Price of New Listings $0
Per Square Foot $312
Average Days on Market 173
Median Days on Market 147
Price Decreased 20%
Price Increased 5%
Relisted 5%
Inventory 20
Median Rent
Market Action 29
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$998,000 2,266 0.25 - 0.5 acre 4 2 25 0 0 196
$589,000 1,722 4,500 - 6,500 sqft 3 2 20 0 0 119
$475,000 2,312 4,500 - 6,500 sqft 4 2 82 0 0 189
$37,500 1,320 4,500 - 6,500 sqft 2 2 28 0 0 147