Hermiston, OR

Balanced market-6.5% YoY

Housing market overview · Updated weekly

$339,900median sale price

Homes sold

17

Last 12 weeks

Days on market

107

Average pace

Active listings

63

3.7 months supply

Sale-to-list

99.3%

Below asking

The Hermiston housing market is currently classified as a balanced market with a median sale price of $339,900. Prices have fallen 6.5% compared to last year, with homes spending an average of 107 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Hermiston

There are currently 63 homes listed for sale in Hermiston, Oregon. The median listing price is $420K.

Active listings

63

Homes on market

Median list price

$420K

Avg. days on market

107

Days until sale

New this week

15

Newly listed

Price drops:28.6%of listings
Sale-to-list:99.3%

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Frequently asked questions

What is the average home price in Hermiston?

The median home sale price in Hermiston is $339,900, down 6.5% from last year.

How long do homes stay on market in Hermiston?

Homes typically spend 107 days on market before going under contract.

Is Hermiston a buyer's or seller's market?

With 3.7 months of supply, Hermiston is currently a balanced market.

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