Population: 2,587 · Density: 7.2/mi² · Median household income: $66,038
Typical home value: $377,096 · Homeownership: 87.8%
Data as of January 2026. Source: Realtor.com.
The NEHALEM, OR real estate market (97131) currently shows 18 active listings, with 6 pending sales. Homes are averaging 109 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 109 days on market compared to 107 days last year.
The median listing price has fallen 12.9% year-over-year, from $660,000 to $575,000.
Whether you are buying or selling in NEHALEM, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97131 | Nehalem, OR 97131 | 0.0 mi | 18 | $10,838,394 | $575,000 | $602,133 |
| 97130 | Manzanita, OR 97130 | 5.9 mi | 19 | $22,204,350 | $912,475 | $1,168,650 |
| 97102 | Arch Cape, OR 97102 | 8.6 mi | 4 | $9,798,000 | $2,249,500 | $2,449,500 |
| 97118 | Garibaldi, OR 97118 | 12.1 mi | 8 | $3,983,200 | $489,450 | $497,900 |
| 97138 | Seaside, OR 97138 | 14.4 mi | 73 | $61,203,492 | $622,500 | $838,404 |
| 97134 | Oceanside, OR 97134 | 19.4 mi | 16 | $15,200,000 | $695,000 | $950,000 |
| 97117 | Gales Creek, OR 97117 | 25.0 mi | 2 | $2,390,000 | $1,195,000 | $1,195,000 |
| 97125 | Manning, OR 97125 | 29.2 mi | 1 | $1,899,000 | $1,899,000 | $1,899,000 |
| 97109 | Buxton, OR 97109 | 29.8 mi | 1 | $612,463 | $612,463 | $612,463 |
| 97108 | Beaver, OR 97108 | 31.2 mi | 3 | $2,179,899 | $825,000 | $726,633 |
| 97112 | Cloverdale, OR 97112 | 31.4 mi | 14 | $15,823,794 | $549,900 | $1,130,271 |
| 97119 | Gaston, OR 97119 | 33.7 mi | 8 | $9,771,936 | $735,000 | $1,221,492 |
| 97016 | Clatskanie, OR 97016 | 35.0 mi | 31 | $14,937,846 | $435,000 | $481,866 |
As of January 2026, there are 18 active listings in NEHALEM, OR (zip code 97131), compared to 17 the prior year.
The median listing price in NEHALEM, OR 97131 is $575,000 as of January 2026, a 12.9% decrease from $660,000 the prior year.
Homes in NEHALEM, OR 97131 spend an average of 109 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NEHALEM, OR 97131 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 109 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in NEHALEM, OR 97131 save an estimated $11,500 compared to a typical 5% commission on the median listing price of $575,000. 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.