Single-Family Homes
Wed Sep 09 2026
This week the median list price for Cannon Beach, OR 97110 is $1,443,500 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 26.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
| Median List Price | $1,443,500 | |
| Median Price of New Listings | $912,250 | |
| Per Square Foot | $583 | |
| Average Days on Market | 202 | |
| Median Days on Market | 109 | |
| Price Decreased | 35% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 26 | |
| Median Rent | ||
| Market Action | 26 | |
| Slight Buyer's Advantage | ||
Despite this week’s down tick, price trends in this zip code have been moving up in the last few weeks. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,300,000 | 2,894 | 6,500 - 8,000 sqft | 4 | 3 | 23 | 0 | 0 | 98 |
| $1,762,500 | 3,240 | 0.25 - 0.5 acre | 4 | 3 | 21 | 0 | 0 | 164 |
| $1,025,000 | 2,108 | 6,500 - 8,000 sqft | 3 | 2 | 71 | 1 | 0 | 112 |
| $589,999 | 1,199 | 0 - 4,500 sqft | 3 | 2 | 27 | 1 | 0 | 122 |