Market report
Gearhart Real Estate Market Report
Gearhart home sales, in perspective
Gearhart's sales record shows an increasingly important upper end alongside a marked normalization in selling conditions. In 2021 and 2022, sales were typically fast and a majority closed at or above their original list price. In the later years of the record, million-dollar-plus properties make up a larger share of transactions, yet homes overall have taken longer to sell and buyers have more often negotiated below original list. Those two developments are not contradictory: Gearhart's recent mix has been more expensive while its negotiating environment has become less aggressive. The figures below show where both stand today, including the share of sales that close for cash — a standing feature of this market.
Gearhart's housing is also geographically varied. Downtown Gearhart, West Gearhart near the beach, Pinehurst, Neacoxie, and the residential areas east of Highway 101 offer different combinations of historic cottages, golf-oriented homes, larger parcels, beach proximity and more rural surroundings. Those distinctions strongly influence value and market time, so the live report is built to let you move beyond a single Gearhart-wide statistic and inspect how the market's composition changes over time.
Market pulse
The last 90 days of recorded single-family sales inside the Gearhart boundary.
A bit warmer than recent years
Compared with this market's last two years.
Homes are taking 47 days to sell and selling at 97.8% of original list price.
Median sold price
$848,100
Homes sold
16
Median days on market
47
Last quarter in Gearhart, against the same quarter last year
- Median sold price$848,100, 29% higher than last year at $657,500
- Homes sold16 sold, about the same as last year at 16
- Median days on market47 days, 18 days faster than last year at 65
- List to sold97.8%, higher than last year at 94.1%
- Homes for sale24 now
- Pending3 now
SellingPrices are higher than last year, and homes are selling faster and at a higher share of list price.
BuyingAbout as many homes are selling as last year, and at a higher share of list price.
Sales history, 2020 to today
335 recorded single-family sales since November 12, 2020
Choose the years to show.
2020–2026 · 335 sales
Sales by price
2020–2026. Price ranges stay the same whatever years you choose, so you can compare one period with another.
| Price | Sales | Median market time |
|---|---|---|
| $2M+ | 19 | 80 days · 19 sales |
| $1.9M–2.0M | 3 | 7 days · 3 sales |
| $1.8M–1.9M | 2 | 6 days · 2 sales |
| $1.7M–1.8M | 4 | 81 days · 4 sales |
| $1.6M–1.7M | 6 | 8 days · 6 sales |
| $1.5M–1.6M | 5 | 71 days · 5 sales |
| $1.4M–1.5M | 4 | 108 days · 4 sales |
| $1.3M–1.4M | 3 | 14 days · 3 sales |
| $1.2M–1.3M | 15 | 8 days · 15 sales |
| $1.1M–1.2M | 10 | 57 days · 10 sales |
| $1.0M–1.1M | 15 | 34 days · 15 sales |
| $900–999k | 22 | 13 days · 22 sales |
| $800–899k | 41 | 29 days · 41 sales |
| $700–799k | 41 | 20 days · 41 sales |
| $600–699k | 47 | 43 days · 47 sales |
| $500–599k | 34 | 8 days · 34 sales |
| $400–499k | 41 | 14 days · 41 sales |
| $300–399k | 14 | 20 days · 14 sales |
| $200–299k | 8 | 30 days · 8 sales |
| $100–199k | 1 | 29 days · 1 sale |
What sellers got
In Gearhart, 2020–2026
- Median sold price
- $755,000335 sales
- Median original list price
- $769,000335 sales
- Median gap to list price
- −2.0%335 sales
- Sold at or above list price
- 40%135 of 335
- Median market time
- 23 days335 sales
- Cash sales
- 50%168 of 335 with financing recorded
How this is calculated
Figures are computed from RMLS closed single-family sales inside the Gearhart boundary and refresh daily from the feed. No property is identified.
About these figures
- Counted: sales RMLS records as Sold. Not counted: off-market sales recorded after the fact, and listings that expired, were withdrawn or were canceled.
- Single-family homes only — condominiums, land and commercial sales are excluded.
- The pulse says whether Gearhart's most recent period — a quarter, or six months or a year where a quarter has too few sales — ran warmer or cooler than this market's own recent years; it is not shown where there are still too few sales.
- Market time is RMLS's cumulative days on market; cash sales are those paid in cash only.
- Homes for sale is counted nightly from Oct 31, 2026; comparisons appear as that history builds.
Market reports for the towns you care about
Pick the towns you care about and we’ll send their sales reports — and nothing else.
Nearby market reports
Home + Sea Realty
Work with us
We specialize in homes by the sea. Our clients will tell you that no one represents your interests with greater integrity and understanding of Oregon's coastal markets.
Contact us