Is Hermiston, OR 97838 a buyer’s or seller’s market?
Hermiston is a seller’s market. With about 3.6 months of supply and 32% 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 supply3.6Under 4 months = seller’s market
Sold above original list31.5%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$236▲ +7.0% vs. last year
Run the numbers for 97838
Nearby markets
Adams 97810Buyer’s market $222 /sq ftAthena 97813Seller’s market $154 /sq ftEcho 97826Buyer’s market $295 /sq ftHelix 97835 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology