Is Nehalem, OR 97131 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Nehalem is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.8Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list96.8%Sold price ÷ list price

Median days on market26Listing to accepted offer

Median price per sq ft$356▼ −9.0% vs. last year

Run the numbers for 97131

Prefilled for 97131Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97131Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bay City 97107Seller’s market $306 /sq ft Beaver 97108Buyer’s market $248 /sq ft Cloverdale 97112Buyer’s market $415 /sq ft Garibaldi 97118Buyer’s market $159 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology