Hermiston, OR Housing Market & Real Estate

Balanced market-6.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hermiston, OR is $339,900, down 6.5% year-over-year. Homes sell in an average of 107 days with 63 active listings. The market is currently a balanced market.

$339,900median sale price

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

Balanced market3.7 months of supply107 avg. days on market

Hermiston, OR is currently a balanced market, based on 3.7 months of supply and homes selling in about 107 days. How we determine this →

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

Hermiston, OR market data

Current housing market statistics for Hermiston, OR
MetricValue
Median sale price$339,900
Median list price$419,900
Year-over-year price change-6.5%
Average days on market107 days
Active inventory63 listings
Months of supply3.7 months
Sale-to-list price ratio99.3%
Market conditionBalanced market

Source: Redfin · Updated weekly

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

Homes for sale in Hermiston

There are currently 63 homes listed for sale in Hermiston, Oregon. The median listing price is $420K.

Active listings

63

Homes on market

Median list price

$420K

Avg. days on market

107

Days until sale

New this week

15

Newly listed

Price drops:28.6%of listings
Sale-to-list:99.3%

Top public schools in Hermiston

9 schools tracked · 5,419 students

The largest public schools serving Hermiston, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Hermiston High School

Grades 9-12 · 1,692 students

Public

Armand Larive Middle School

Grades 6-8 · 738 students

Public

Sandstone Middle School

Grades 6-8 · 592 students

Public

Rocky Heights Elementary School

Grades K-5 · 451 students

Public

West Park Elementary School

Grades K-5 · 444 students

Public

Sunset Elementary School

Grades K-5 · 428 students

Public

Loma Vista Elementary

Grades K-5 · 402 students

Public

Desert View Elementary School

Grades K-5 · 356 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in OR

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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