Andrea Mace's Market Report

Tillamook, OR 97141

Single-Family Homes


Tillamook, OR 97141

Mon Aug 18 2025
This week the median list price for Tillamook, OR 97141 is $467,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 50. Click here to stay informed with the Tillamook 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 shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Tillamook, OR 97141

Mon Aug 18 2025
This week the median list price for Tillamook, OR 97141 is $467,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 50. Click here to stay informed with the Tillamook 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 shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Tillamook market.
Median List Price $467,500
Median Price of New Listings $0
Per Square Foot $281
Average Days on Market 127
Median Days on Market 91
Price Decreased 58%
Price Increased 0%
Relisted 6%
Inventory 50
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$898,000 3,249 1 - 2.5 acres 3 3.5 22 0 1 119
$589,500 1,889 0.5 - 1 acre 3 2 12 0 1 112
$429,900 1,608 0.25 - 0.5 acre 3 2 68 0 0 84
$367,497 1,225 4,500 - 6,500 sqft 3 1 80 0 0 70