Is Monroe, OR 97456 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Monroe is a seller’s market. With about 3.7 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.7Under 4 months = seller’s market

Sold above original list14.3%Share of sales, last 3 months

Median sale-to-list98%Sold price ÷ list price

Median days on market91Listing to accepted offer

Median price per sq ft$327▲ +13.0% vs. last year

Run the numbers for 97456

Prefilled for 97456Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97456Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alsea 97324Balanced $340 /sq ft Corvallis 97330Seller’s market $320 /sq ft Corvallis 97333Seller’s market $351 /sq ft Philomath 97370Balanced $279 /sq ft Browse all markets →

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