Real Estate
Cannon Beach, OR
Single-Family Homes
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Cannon Beach, OR
Sun May 24 2026
This week the median list price for Cannon Beach, OR is $1,499,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has increased to 23.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $1,499,000 | |
| Median Price of New Listings | $1,995,000 | |
| Per Square Foot | $586 | |
| Average Days on Market | 175 | |
| Median Days on Market | 63 | |
| Price Decreased | 30% | |
| Price Increased | 4% | |
| Relisted | 4% | |
| Inventory | 23 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,187,497 | 3,258 | 0.25 - 0.5 acre | 4 | 3 | 13 | 1 | 0 | 7 |
| $1,760,000 | 3,205 | 0.25 - 0.5 acre | 4 | 3 | 3 | 0 | 2 | 108 |
| $1,112,500 | 1,699 | 4,500 - 6,500 sqft | 3 | 2 | 52 | 0 | 0 | 164 |
| $595,000 | 1,200 | 0 - 4,500 sqft | 3 | 2 | 27 | 0 | 0 | 49 |