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Sarah Mitchell

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Compass Real Estate · Cedar Mill, OR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cedar Mill, OR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cedar Mill, OR Housing Market

Strong seller's market-6.3% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $810,000, -6.3% year over year (through May 2026). With 1.8 months of supply and homes going under contract in about 35 days, Cedar Mill is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $810,000 home is about $4,324/mo in principal and interest.

Key numbers for Cedar Mill, OR

Median sale price

$810,000

-6.3% year over year

Redfin, through May 2026

Days on market

35

Average pace

Redfin, through May 2026

Active listings

41

1.8 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$167,037

Home costs 4.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.0%

Selling above asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Strong seller's market1.8 months of supply35 days on market100.0% of asking

Cedar Mill, OR is a strong seller's market, based on 1.8 months of supply and homes selling in about 35 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Cedar Mill housing market data show?

Every row below is Redfin's final published month for Cedar Mill, OR. Redfin, through May 2026

Housing market statistics for Cedar Mill, OR, Redfin through May 2026
MetricValue
Median sale price$810,000
Median list price$910,000
Year-over-year price change-6.3%
Median price per sq ft$304/sq ft
Median days on market35 days
Active inventory41 listings
Months of supply1.8 months
Sale-to-list price ratio100.0%
Homes sold (that month)23
New listings (that month)35
Listings with a price cut36.6%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Cedar Mill is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Cedar Mill is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Cedar Mill home prices moved?

Over the last three years the median sale price in Cedar Mill, OR fell 11.5%, from $915,000 to $810,000. 36.6% of Cedar Mill listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.8 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Cedar Mill?

Priced off the median sale price of $810,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Cedar Mill, OR
Down paymentCash at closeLoan amountMonthly P&I
20%$162,000$648,000$4,324/mo
5%$40,500$769,500$5,135/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,324, that implies roughly $185,324 a year before you add taxes and insurance. The median household in Cedar Mill earns $167,037, about $18,287 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.8x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Cedar Mill in the next 12 months?

Tell us your timeline. We send the Cedar Mill market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Cedar Mill?

Zillow does not publish a rent index (ZORI) for Cedar Mill, OR, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Cedar Mill?

Active listings in Cedar Mill, OR went from 66 in May 2025 to 41 in May 2026, a -37.9% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Cedar Mill, OR
MonthActive listingsNew listings
June 20257930
July 20258227
August 20257619
September 20256621
October 20254915
November 2025427
December 2025419
January 20265021
February 20264918
March 20264216
April 20263826
May 20264135

Redfin, through May 2026

How does Cedar Mill compare to Oregon and the U.S.?

Cedar Mill homes sell for $810,000 — 54% above the Oregon median of $525,500. Against the national median of $410,700, Cedar Mill runs 97% higher. Year-over-year, Cedar Mill moved -6.3% against Oregon's -0.0% — a bigger swing than the state as a whole.

Cedar Mill, OR compared with Oregon and the United States
MarketMedian sale priceYoYDays on market
Cedar Mill, OR$810,000-6.3%35 days
Oregon statewide$525,500-0.0%28 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Cedar Mill

What buyers should watch

  • Months of supply, currently 1.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 36.6%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $811 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $810,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Cedar Mill listing goes under contract in 35 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Cedar Mill added 35 new listings against 23 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Cedar Mill varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Cedar Mill

There are currently 41 homes listed for sale in Cedar Mill, Oregon. The median listing price is $910K. Featured listings range from $236,000 to $1,394,951.

2 bedroom condo for sale at 1914 NW 143rd Ave Apt 25 Cedar Mill - $236,000
$236,000

1914 NW 143rd Ave Apt 25

Cedar Mill, OR

2 bd1 ba814 sqft$290/ft²
Condo
View photos & details
3 bedroom house for sale at 11307 NW Kimble Ct Cedar Mill - $624,900
$624,900

11307 NW Kimble Ct

Cedar Mill, OR

3 bd2 ba2,130 sqft$293/ft²
House3,049 sqft lot
View photos & details
4 bedroom house for sale at 3760 NW Tustin Ranch Dr Cedar Mill - $739,500
$739,500

3760 NW Tustin Ranch Dr

Cedar Mill, OR

4 bd3 ba2,496 sqft$296/ft²
House4,792 sqft lot
View photos & details
4 bedroom house for sale at 11885 NW Marylee Ct Cedar Mill - $750,000
$750,000

11885 NW Marylee Ct

Cedar Mill, OR

4 bd3 ba2,335 sqft$321/ft²
House8,276 sqft lot
View photos & details
5 bedroom house for sale at 3096 NW Parkhurst Ter Cedar Mill - $799,000
$799,000

3096 NW Parkhurst Ter

Cedar Mill, OR

5 bd4 ba2,963 sqft$270/ft²
House5,227 sqft lot
View photos & details
4 bedroom house for sale at 12238 NW Welsh Dr Cedar Mill - $849,000
$849,000

12238 NW Welsh Dr

Cedar Mill, OR

4 bd2 ba2,866 sqft$296/ft²
House13,068 sqft lot
View photos & details
5 bedroom house for sale at 11486 NW Elise Ln Cedar Mill - $899,500
$899,500

11486 NW Elise Ln

Cedar Mill, OR

5 bd3 ba2,608 sqft$345/ft²
House
View photos & details
4 bedroom house for sale at 1751 NW Larkin Ter Cedar Mill - $900,000
$900,000

1751 NW Larkin Ter

Cedar Mill, OR

4 bd3 ba2,899 sqft$310/ft²
House3,920 sqft lot
View photos & details
5 bedroom house for sale at 2901 NW 114th Ter Cedar Mill - $947,500
$947,500

2901 NW 114th Ter

Cedar Mill, OR

5 bd3 ba3,085 sqft$307/ft²
House
View photos & details
3 bedroom house for sale at 1411 NW Josephine Ter Cedar Mill - $1,049,949
$1,049,949

1411 NW Josephine Ter

Cedar Mill, OR

3 bd2 ba1,915 sqft$548/ft²
House
View photos & details
4 bedroom house for sale at 1439 NW Josephine Ter Cedar Mill - $1,139,579
$1,139,579

1439 NW Josephine Ter

Cedar Mill, OR

4 bd3 ba2,345 sqft$486/ft²
House
View photos & details
6 bedroom house for sale at 11476 NW Kenzie Ln Cedar Mill - $1,394,951
$1,394,951

11476 NW Kenzie Ln

Cedar Mill, OR

6 bd4 ba3,903 sqft$357/ft²
House
View photos & details

Looking to buy in Cedar Mill?

Get connected with a local real estate expert — free, no obligation.

Active listings

41

Homes on market

Median list price

$910K

Avg. days on market

35

Days until sale

New this week

35

Newly listed

Price drops:36.6%of listings
Sale-to-list:100.0%

How much do homes cost in Cedar Mill by property type?

How the Cedar Mill, OR market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Cedar Mill, OR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$817,000$313/sq ft2031 days
Condo / co-op$194,250$264/sq ft2183 days
Townhouse$379,000$218/sq ft1291 days

Who lives in Cedar Mill?

American Community Survey estimates for Cedar Mill. U.S. Census ACS, 2023

Population

19,482

Households

6,578

Median income

$167,037/yr

Median age

37.9 years

Owner-occupied

77.2%

Median home value

$839,200

Median gross rent

$1,780/mo

Mean commute

24.1 min

77.2% of occupied homes in Cedar Mill are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Cedar Mill, OR?

Ordered by distance from Cedar Mill, not by size. Compare Cedar Mill side by side with any of them.

Cedar Mill housing market FAQ

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

Cedar Mill, OR is currently a strong seller's market. That read comes from 1.8 months of supply, homes going under contract in about 35 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Cedar Mill?

The median sale price in the last month Redfin published was $810,000, about $304 per square foot.

Is Cedar Mill cheaper than the rest of Oregon?

Cedar Mill's median sale price of $810,000 is 54% higher than the Oregon statewide median of $525,500, and 97% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Cedar Mill?

Homes in Cedar Mill, OR spent a median of 35 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Cedar Mill?

At the current 30-year fixed rate of 7.03%, 20% down on a $810,000 home is about $4,324 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $185,324 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $167,037.

Are home prices rising in Cedar Mill?

Redfin's last published year-over-year change for Cedar Mill, OR was -6.3%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Cedar Mill?

Cedar Mill ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Cedar Mill?

That depends on your timeline, not on a headline. What the data says today: Cedar Mill, OR is a strong seller's market with 1.8 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.