by Corey Davis
Wheeler, OR 97147
Single-Family Homes
Wheeler, OR 97147
Wed Sep 17 2025
This week the median list price for Wheeler, OR 97147 is $418,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has decreased to 1.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been cooling in recent weeks. Since this is a Buyer’s market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.
Real-Time Market Profile
| Median List Price | $418,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $379 | |
| Average Days on Market | 42 | |
| Median Days on Market | 42 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 1 | |
| Median Rent | ||
| Market Action | 31 | |
| Slight Seller's Advantage | ||
We’re seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to micro-location variables.
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 |
|---|---|---|---|---|---|---|---|---|
| $418,000 | 1,102 | 6,500 - 8,000 sqft | 3 | 2 | 30 | 0 | 0 | 42 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |