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GARIBALDI, OR 97118

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The GARIBALDI, OR real estate market (97118) currently shows 12 active listings, with 1 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 75 days on market compared to 146 days last year.

The median listing price has fallen 18.7% year-over-year, from $467,000 to $379,450.

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 Context

Market Context

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

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

Market Overview

Active Listings
12
vs 12 last year
Pending
1
8% pending ratio
Median Price
$379,450
⇩ 18.7% vs $467,000 last year
Average Price
$441,397
⇩ 23% vs $573,370 last year
Days on Market
75
⇩ 48.6% vs 146 days last year

Price Per Square Foot

Median $/sqft
$329
⇧ 29% vs $255/sqft last year
Median Home Size
1,801 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 75 now vs 146 last year

Median & Average Pricing

Year over Year
  • Median: $379,450 (-18.7% YoY)
  • Average: $441,397 (-23% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 37.0 miles — 189 listings ($165,618,044 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97118Garibaldi, OR 971180.0 mi9$4,376,349$379,450$486,261
97136Rockaway Beach, OR 971365.3 mi46$28,759,338$509,750$625,203
97147Wheeler, OR 971479.1 mi3$1,433,751$474,500$477,917
97130Manzanita, OR 9713011.0 mi20$22,075,960$914,988$1,103,798
97102Arch Cape, OR 9710216.4 mi4$9,057,468$1,899,000$2,264,367
97108Beaver, OR 9710822.8 mi3$2,707,350$902,450$902,450
97135Pacific City, OR 9713525.6 mi31$19,713,458$595,500$635,918
97122Hebo, OR 9712227.0 mi2$840,000$420,000$420,000
97149Neskowin, OR 9714931.6 mi39$41,666,703$925,950$1,068,377
97148Yamhill, OR 9714834.4 mi20$21,752,520$560,000$1,087,626
97119Gaston, OR 9711934.8 mi9$10,590,147$856,750$1,176,683
97347Grand Ronde, OR 9734735.4 mi2$1,750,000$875,000$875,000
97109Buxton, OR 9710937.0 mi1$895,000$895,000$895,000

Frequently Asked Questions

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

As of March 2026, there are 12 active listings in GARIBALDI, OR (zip code 97118), compared to 12 the prior year.

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

The median listing price in GARIBALDI, OR 97118 is $379,450 as of March 2026, a 18.7% decrease from $467,000 the prior year.

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

Homes in GARIBALDI, OR 97118 spend an average of 75 days on the market before going under contract, compared to 146 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 March 2026, GARIBALDI, OR 97118 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 75 days on market compared to 146 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 $7,589 compared to a typical 5% commission on the median listing price of $379,450. 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.