The Unshakable Investor

Unshakable ZIP Data 97131 | Nehalem, OR Housing Market

Nehalem · Tillamook County · Astoria, OR metro · Oregon · Data updated June 19, 2026

The median sale price in ZIP 97131, Nehalem, Oregon is $547,337 at $400 per square foot. 9 single-family homes sold in the latest period, down 22.8 percent from a year earlier. Homes sit a median of 35 days on market with 9.2 months of supply. Sellers are getting 96.9 percent of list price and 11.1 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$573,050
Average price per sq ft$419
Median sale price$547,337
Median sale price per sq ft$400
Median home size1,367 sq ft
Median new listing price$731,745-8.4%
National size rank15,322

Sales activity

MetricValueYear over year
Homes sold9-22.8%
Median days on market35 days
Months of supply9.2 months
New listings38+97.7%
Active listings44+8.9%
Pending sales19+48.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.9%-2.5 pts
Share sold above list11.1%-5.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$588,201
2-bedroom
$494,523
3-bedroom
$590,923
4-bedroom
$787,571

These figures describe the single-family market for Nehalem, Oregon ZIP 97131. They are market context, not a substitute for sold comps or a formal appraisal.