Hermiston, OR
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
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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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