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GARIBALDI, OR 97118

Real Estate Market Report  ·  Tillamook County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇩ 20% vs 10 last year
Pending
1
13% pending ratio
Median Price
$489,450
⇩ 20.7% vs $617,450 last year
Average Price
$497,900
⇩ 24.5% vs $659,870 last year
Days on Market
100
⇧ 13.6% vs 88 days last year

Market Context

Population: 716  ·  Density: 297.8/mi²  ·  Median household income: $53,000

Typical home value: $304,599  ·  Homeownership: 72.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GARIBALDI, OR real estate market (97118) currently shows 8 active listings, with 1 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 100 days on market compared to 88 days last year.

The median listing price has fallen 20.7% year-over-year, from $617,450 to $489,450.

Whether you are buying or selling in GARIBALDI, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 10 last year
  • Days on market: 100 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $489,450 (-20.7% YoY)
  • Average: $497,900 (-24.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 37.0 miles — 176 listings ($159,476,181 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97118Garibaldi, OR 971180.0 mi8$3,983,200$489,450$497,900
97136Rockaway Beach, OR 971365.3 mi41$26,308,839$544,450$641,679
97147Wheeler, OR 971479.1 mi2$1,129,000$564,500$564,500
97130Manzanita, OR 9713011.0 mi19$22,204,350$912,475$1,168,650
97102Arch Cape, OR 9710216.4 mi4$9,798,000$2,249,500$2,449,500
97108Beaver, OR 9710822.8 mi3$2,179,899$825,000$726,633
97135Pacific City, OR 9713525.6 mi27$16,248,060$615,000$601,780
97122Hebo, OR 9712227.0 mi1$430,000$430,000$430,000
97149Neskowin, OR 9714931.6 mi38$39,507,802$925,950$1,039,679
97148Yamhill, OR 9714834.4 mi22$26,504,632$563,000$1,204,756
97119Gaston, OR 9711934.8 mi8$9,771,936$735,000$1,221,492
97347Grand Ronde, OR 9734735.4 mi2$798,000$399,000$399,000
97109Buxton, OR 9710937.0 mi1$612,463$612,463$612,463

Frequently Asked Questions

How many homes are for sale in GARIBALDI, OR 97118?

As of January 2026, there are 8 active listings in GARIBALDI, OR (zip code 97118), compared to 10 the prior year.

What is the median home price in GARIBALDI, OR 97118?

The median listing price in GARIBALDI, OR 97118 is $489,450 as of January 2026, a 20.7% decrease from $617,450 the prior year.

How long do homes stay on the market in GARIBALDI, OR?

Homes in GARIBALDI, OR 97118 spend an average of 100 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in GARIBALDI, OR 97118?

Based on current inventory and days-on-market data as of January 2026, GARIBALDI, OR 97118 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 100 days on market compared to 88 days last year.

How much can I save on real estate commission in GARIBALDI, OR?

With SELL123.com's maximum 3% commission, sellers in GARIBALDI, OR 97118 save an estimated $9,789 compared to a typical 5% commission on the median listing price of $489,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.