by Corey Davis

Wheeler, OR 97147

Single-Family Homes



Current active inventory in Wheeler, OR 97147 is very low. Keep this in mind when looking at this report.

Wheeler, OR 97147

Tue Jan 14 2025
This week the median list price for Wheeler, OR 97147 is $499,000 with the market action index hovering around 19. This is an increase over last month's market action index of 15. Inventory has decreased to 1. Click here to stay informed with the Wheeler market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Wheeler, OR 97147

Tue Jan 14 2025
This week the median list price for Wheeler, OR 97147 is $499,000 with the market action index hovering around 19. This is an increase over last month's market action index of 15. Inventory has decreased to 1. Click here to stay informed with the Wheeler market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Wheeler market.
Median List Price $499,000
Median Price of New Listings $0
Per Square Foot $225
Average Days on Market 49
Median Days on Market 49
Price Decreased 100%
Price Increased 0%
Relisted 100%
Inventory 1
Median Rent
Market Action 19
Slight Buyer's Advantage

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
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$499,000 2,214 4,500 - 6,500 sqft 4 2.5 18 0 0 49