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

Thu Mar 27 2025
This week the median list price for Wheeler, OR 97147 is $534,000 with the market action index hovering around 53. This is an increase over last month's market action index of 33. Inventory has held steady at or around 2. 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.

Strong Seller's Market

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Wheeler, OR 97147

Thu Mar 27 2025
This week the median list price for Wheeler, OR 97147 is $534,000 with the market action index hovering around 53. This is an increase over last month's market action index of 33. Inventory has held steady at or around 2. 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.

Strong Seller's Market

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Wheeler market.
Median List Price $534,000
Median Price of New Listings $534,000
Per Square Foot $265
Average Days on Market 21
Median Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 53
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$559,000 2,208 0.25 - 0.5 acre 3 3 44 1 0 42
$509,000 1,836 6,500 - 8,000 sqft 4 2.5 21 1 1 0