Is Elgin, OR 97827 a buyer’s or seller’s market?
Elgin is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.3Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$137▼ −45.9% vs. last year
Run the numbers for 97827
Nearby markets
Cove 97824Buyer’s market $267 /sq ftImbler 97841 — /sq ftLa Grande 97850Seller’s market $225 /sq ftNorth Powder 97867Buyer’s market $73 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology