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

Wed Jan 29 2025
This week the median list price for Wheeler, OR 97147 is $338,000 with the market action index hovering around 25. This is an increase over last month's market action index of 20. Inventory has held steady at or around 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 been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Wheeler, OR 97147

Wed Jan 29 2025
This week the median list price for Wheeler, OR 97147 is $338,000 with the market action index hovering around 25. This is an increase over last month's market action index of 20. Inventory has held steady at or around 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 been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Real-Time Market Profile

Never miss important changes in the Wheeler market.
Median List Price $338,000
Median Price of New Listings $0
Per Square Foot $260
Average Days on Market 7
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 25
Slight Buyer'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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
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N/A N/A N/A N/A N/A N/A N/A N/A N/A
$338,000 1,297 0.25 - 0.5 acre 3 2 67 0 0 7