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Featured local agent — Hermiston, OR
Sarah Mitchell
Compass Real Estate · Hermiston, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hermiston, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$337,999median sale price
How is the Hermiston, OR housing market right now?
The median home sale price in Hermiston, OR is $337,999, down 15.1% year-over-year. Homes sell in an average of 37 days with 52 active listings. The market is currently a leaning buyer's. (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 Hermiston a buyer's or seller's market?
Hermiston, OR is currently a leaning buyer's, based on 5.2 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
37
Average pace
Active listings
52
5.2 months supply
Sale-to-list
99.3%
Below asking
What does the Hermiston housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $337,999 |
| Median list price | $389,650 |
| Year-over-year price change | -15.1% |
| Average days on market | 37 days |
| Active inventory | 52 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $228/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 23 |
| Listings with a price cut | 26.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Hermiston by property type?
How the Hermiston, 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 | $337,999 | $232/sq ft | 8 | 34 days |
| Townhouse | $259,500 | $172/sq ft | 1 | 130 days |
Source: Redfin · Updated monthly
The Hermiston housing market is currently classified as a leaning buyer's with a median sale price of $337,999. Prices have fallen 15.1% compared to last year, with homes spending an average of 37 days on market, indicating 5.2 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 5.2x provides context for how home values compare to local earning capacity.
Homes for sale in Hermiston
There are currently 52 homes listed for sale in Hermiston, Oregon. The median listing price is $390K.
Active listings
52
Homes on market
Median list price
$390K
Avg. days on market
37
Days until sale
New this week
23
Newly listed
Who lives in Hermiston?
Population
19,406
Median income
$67,128/yr
Median age
31.8 years
Owner-occupied
64.2%
College grads
15.1%
Avg commute
19 min
Source: U.S. Census Bureau ACS
What are homes worth in Hermiston?
Zillow home value
$347,438
Zillow rent index
$1,478/mo
Price-to-rent ratio
19.6x
Price-to-income
5.2x
Source: Zillow Research
What is it like to live in Hermiston?
Hermiston is a community of approximately 19K residents with a median age of 31.8 years.The median household income is $67,128, which represents a working-class community with solid middle-income opportunities. 15.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.2%, showing a blend of owner and renter-occupied properties. The average commute time is 19 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hermiston offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Armand Larive Middle School
Grades 6-8 · 738 students
Sandstone Middle School
Grades 6-8 · 592 students
Rocky Heights Elementary School
Grades K-5 · 451 students
West Park Elementary School
Grades K-5 · 444 students
Sunset Elementary School
Grades K-5 · 428 students
Loma Vista Elementary
Grades K-5 · 402 students
Desert View Elementary School
Grades K-5 · 356 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hermiston, OR?
Want a head-to-head view? Compare Hermiston side-by-side with any other U.S. city using our market-comparison tool.
Is Hermiston a good real estate investment market?
For investors evaluating Hermiston, the price-to-rent ratio of 19.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 15.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hermiston's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hermiston's median home price.
Frequently asked questions
What is the average home price in Hermiston?
The median home sale price in Hermiston is $337,999, down 15.1% from last year.
How long do homes stay on market in Hermiston?
Homes typically spend 37 days on market before going under contract.
What is the median income in Hermiston?
The median household income is $67,128 per year.
Is Hermiston a buyer's or seller's market?
With 5.2 months of supply, Hermiston is currently a leaning buyer's.
What is the Zillow home value estimate for Hermiston?
The Zillow Home Value Index (ZHVI) for Hermiston is $347,438, representing the typical home value in the area.
How much does a single-family home cost in Hermiston?
The median single-family home price in Hermiston, OR is $337,999 (about $232 per square foot).
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