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Featured local agent — Philomath, OR
Sarah Mitchell
Compass Real Estate · Philomath, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Philomath, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$593,500median sale price
How is the Philomath, OR housing market right now?
The median home sale price in Philomath, OR is $593,500, up 41.0% year-over-year. Homes sell in an average of 37 days with 9 active listings. The market is currently a seller's 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 Philomath a buyer's or seller's market?
Philomath, OR is currently a seller's market, based on 3.0 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
37
Average pace
Active listings
9
3.0 months supply
Sale-to-list
105.6%
Above asking
What does the Philomath housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $593,500 |
| Median list price | $597,500 |
| Year-over-year price change | +41.0% |
| Average days on market | 37 days |
| Active inventory | 9 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 105.6% |
| Median price per sq ft | $407/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 22.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Philomath by property type?
How the Philomath, 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 | $593,500 | $407/sq ft | 3 | 37 days |
| Condo / Co-op | $276,500 | $303/sq ft | 2 | 104 days |
| Townhouse | $362,500 | $263/sq ft | 1 | 77 days |
Source: Redfin · Updated monthly
The Philomath housing market is currently classified as a seller's market with a median sale price of $593,500. Prices have risen 41.0% compared to last year, with homes spending an average of 37 days on market, indicating 3.0 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 6.4x provides context for how home values compare to local earning capacity.
Homes for sale in Philomath
There are currently 9 homes listed for sale in Philomath, Oregon. The median listing price is $598K.
Active listings
9
Homes on market
Median list price
$598K
Avg. days on market
37
Days until sale
New this week
2
Newly listed
Who lives in Philomath?
Population
5,537
Median income
$83,373/yr
Median age
35.5 years
Owner-occupied
66.4%
College grads
47.3%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Philomath?
Zillow home value
$530,223
Zillow rent index
$1,831/mo
Price-to-rent ratio
24.1x
Price-to-income
6.4x
Source: Zillow Research
What is it like to live in Philomath?
Philomath is a community of approximately 6K residents with a median age of 35.5 years.The median household income is $83,373, which reflects a relatively affluent area with strong earning potential. 47.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 66.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Philomath offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Philomath?
6 schools tracked · 1,632 students
The largest public schools serving Philomath, 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.
Philomath High School
Grades 9-12 · 469 students
Philomath Elementary School
Grades 2-5 · 367 students
Philomath Middle School
Grades 6-8 · 344 students
Kings Valley Charter School
Grades K-12 · 202 students
Clemens Primary School
Grades K-1 · 177 students
Philomath Academy
Grades K-12 · 73 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 Philomath, OR?
Want a head-to-head view? Compare Philomath side-by-side with any other U.S. city using our market-comparison tool.
Is Philomath a good real estate investment market?
For investors evaluating Philomath, the price-to-rent ratio of 24.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 41.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Philomath's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Philomath's median home price.
Frequently asked questions
What is the average home price in Philomath?
The median home sale price in Philomath is $593,500, up 41.0% from last year.
How long do homes stay on market in Philomath?
Homes typically spend 37 days on market before going under contract.
What is the median income in Philomath?
The median household income is $83,373 per year.
Is Philomath a buyer's or seller's market?
With 3.0 months of supply, Philomath is currently a seller's market.
What is the Zillow home value estimate for Philomath?
The Zillow Home Value Index (ZHVI) for Philomath is $530,223, representing the typical home value in the area.
What is the median condo price in Philomath?
The median condo/co-op sale price in Philomath, OR is $276,500, compared to $593,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Philomath?
The median single-family home price in Philomath, OR is $593,500 (about $407 per square foot).
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