Cedar Mill, OR

Leaning buyer's+2.4% YoY

Housing market overview · Updated weekly

$746,388median sale price

Homes sold

8

Last 12 weeks

Days on market

58

Average pace

Active listings

49

6.1 months supply

Sale-to-list

100.6%

Above asking

The Cedar Mill housing market is currently classified as a leaning buyer's with a median sale price of $746,388. Prices have risen 2.4% compared to last year, with homes spending an average of 58 days on market, indicating 6.1 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 Cedar Mill

There are currently 49 homes listed for sale in Cedar Mill, Oregon. The median listing price is $857K.

Active listings

49

Homes on market

Median list price

$857K

Avg. days on market

58

Days until sale

New this week

18

Newly listed

Price drops:28.6%of listings
Sale-to-list:100.6%

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Frequently asked questions

What is the average home price in Cedar Mill?

The median home sale price in Cedar Mill is $746,388, up 2.4% from last year.

How long do homes stay on market in Cedar Mill?

Homes typically spend 58 days on market before going under contract.

Is Cedar Mill a buyer's or seller's market?

With 6.1 months of supply, Cedar Mill is currently a leaning buyer's.

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