Drain, OR

Buyer's market-2.5% YoY

Housing market overview · Updated weekly

$234,100median sale price

Homes sold

1

Last 12 weeks

Days on market

391

Average pace

Active listings

8

8.0 months supply

Sale-to-list

101.8%

Above asking

The Drain housing market is currently classified as a buyer's market with a median sale price of $234,100. Prices have fallen 2.5% compared to last year, with homes spending an average of 391 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Drain

There are currently 8 homes listed for sale in Drain, Oregon. The median listing price is $229K.

Active listings

8

Homes on market

Median list price

$229K

Avg. days on market

391

Days until sale

New this week

1

Newly listed

Price drops:25.0%of listings
Sale-to-list:101.8%

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Frequently asked questions

What is the average home price in Drain?

The median home sale price in Drain is $234,100, down 2.5% from last year.

How long do homes stay on market in Drain?

Homes typically spend 391 days on market before going under contract.

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

With 8.0 months of supply, Drain is currently a buyer's market.

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