Is Merlin, OR 97532 a buyer’s or seller’s market?

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

Merlin is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5Under 4 months = seller’s market

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

Median sale-to-list98.5%Sold price ÷ list price

Median days on market32Listing to accepted offer

Median price per sq ft$281▲ +13.5% vs. last year

Run the numbers for 97532

Prefilled for 97532Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97532Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cave Junction 97523Buyer’s market $213 /sq ft Grants Pass 97526Balanced $251 /sq ft Grants Pass 97527Balanced $264 /sq ft Kerby 97531Buyer’s market $255 /sq ft Browse all markets →

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