Market report
Nehalem Real Estate Market Report
Nehalem home sales, in perspective
The Nehalem report covers an unusually varied market, and the boundary matters: the figures below combine recorded single-family sales in Nehalem, Nehalem Valley and Bayside Gardens. Across that combined history, the fast, competitive conditions of 2021 and 2022 have given way to longer marketing periods and more frequent negotiation below the original list price, while the center of the price distribution has stayed well above where the record began. None of this should be read as though every Nehalem property belongs to the same submarket; the report spans housing environments that are substantially different from one another.
Those differences run from historic in-town Nehalem and river-oriented properties, to the more conventional neighborhood pattern of Bayside Gardens, to the acreage, farms, forest and river settings of Nehalem Valley and the North Fork. Nehalem Point, Riverbend Estates, River View Meadows and other smaller developments add still more variation. For that reason the date controls are particularly useful here: they let a careful reader study the distribution of sales rather than assume a combined Nehalem median describes every part of the market equally well.
Market pulse
The last 180 days of recorded single-family sales inside the Nehalem, Nehalem Valley, and Bayside Gardens boundaries.
A bit warmer than recent years
Compared with this market's last two years.
Homes are taking 22 days to sell and selling at 97.8% of original list price.
Median sold price
$549,500
Homes sold
14
Median days on market
22
Last six months in Nehalem, against the same six months last year
- Median sold price$549,500, 8% lower than last year at $595,000
- Homes sold14 sold, about the same as last year at 13
- Median days on market22 days, 7 days faster than last year at 29
- List to sold97.8%, lower than last year at 98.4%
- Homes for sale11 now
- Pending1 now
SellingPrices are lower than last year, but homes are selling faster and at a lower share of list price.
BuyingAbout as many homes are selling as last year, and at a lower share of list price.
Sales history, 2020 to today
143 recorded single-family sales since November 12, 2020
Choose the years to show.
2020–2026 · 143 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 |
|---|---|---|
| $700k+ | 16 | 64 days · 16 sales |
| $600–699k | 19 | 20 days · 19 sales |
| $500–599k | 40 | 19 days · 40 sales |
| $400–499k | 30 | 14 days · 30 sales |
| $300–399k | 28 | 22 days · 28 sales |
| $200–299k | 8 | 26 days · 8 sales |
| $100–199k | 2 | 56 days · 2 sales |
What sellers got
In Nehalem, 2020–2026
- Median sold price
- $505,000143 sales
- Median original list price
- $499,989143 sales
- Median gap to list price
- −2.0%143 sales
- Sold at or above list price
- 38%54 of 143
- Median market time
- 18 days143 sales
- Cash sales
- 41%58 of 143 with financing recorded
How this is calculated
Figures are computed from RMLS closed single-family sales inside the Nehalem, Nehalem Valley, and Bayside Gardens boundaries 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 Nehalem'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.
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