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Featured local agent — Depoe Bay, OR
Sarah Mitchell
Compass Real Estate · Depoe Bay, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Depoe Bay, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$520,000median sale price
How is the Depoe Bay, OR housing market right now?
The median home sale price in Depoe Bay, OR is $520,000, down 37.2% year-over-year. Homes sell in an average of 78 days with 29 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Depoe Bay a buyer's or seller's market?
Depoe Bay, OR is currently a balanced market, based on 3.6 months of supply and homes selling in about 78 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
78
Average pace
Active listings
29
3.6 months supply
Sale-to-list
99.0%
Below asking
What does the Depoe Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $520,000 |
| Median list price | $774,500 |
| Year-over-year price change | -37.2% |
| Average days on market | 78 days |
| Active inventory | 29 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $430/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 4 |
| Listings with a price cut | 37.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Depoe Bay by property type?
How the Depoe Bay, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $585,000 | $456/sq ft | 5 | 265 days |
| Condo / Co-op | $390,000 | $287/sq ft | 1 | 47 days |
| Townhouse | $407,125 | $339/sq ft | 2 | 78 days |
Source: Redfin · Updated monthly
The Depoe Bay housing market is currently classified as a balanced market with a median sale price of $520,000. Prices have fallen 37.2% compared to last year, with homes spending an average of 78 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.2x provides context for how home values compare to local earning capacity.
Homes for sale in Depoe Bay
There are currently 29 homes listed for sale in Depoe Bay, Oregon. The median listing price is $775K.
Active listings
29
Homes on market
Median list price
$775K
Avg. days on market
78
Days until sale
New this week
4
Newly listed
Who lives in Depoe Bay?
Population
2,025
Median income
$68,636/yr
Median age
56.9 years
Owner-occupied
77.0%
College grads
37.6%
Avg commute
24.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Depoe Bay?
Zillow home value
$563,961
Price-to-income
8.2x
Source: Zillow Research
What is it like to live in Depoe Bay?
Depoe Bay is a community of approximately 2K residents with a median age of 56.9 years.The median household income is $68,636, which represents a working-class community with solid middle-income opportunities. 37.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Depoe Bay offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Depoe Bay, OR?
Want a head-to-head view? Compare Depoe Bay side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Depoe Bay?
The median home sale price in Depoe Bay is $520,000, down 37.2% from last year.
How long do homes stay on market in Depoe Bay?
Homes typically spend 78 days on market before going under contract.
What is the median income in Depoe Bay?
The median household income is $68,636 per year.
Is Depoe Bay a buyer's or seller's market?
With 3.6 months of supply, Depoe Bay is currently a balanced market.
What is the Zillow home value estimate for Depoe Bay?
The Zillow Home Value Index (ZHVI) for Depoe Bay is $563,961, representing the typical home value in the area.
What is the median condo price in Depoe Bay?
The median condo/co-op sale price in Depoe Bay, OR is $390,000, compared to $585,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Depoe Bay?
The median single-family home price in Depoe Bay, OR is $585,000 (about $456 per square foot).
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