Data as of July 2026. Source: Realtor.com.
The NEHALEM, OR real estate market (97131) currently shows 25 active listings, with 2 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 77 days on market compared to 60 days last year.
The median listing price has fallen 10.8% year-over-year, from $642,213 to $573,000.
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.
Population: 2,587 · Density: 7.2/mi² · Median household income: $66,038
Typical home value: $377,096 · Homeownership: 87.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97131 | Nehalem, OR 97131 | 0.0 mi | 13 | $6,566,703 | $496,500 | $505,131 |
| 97130 | Manzanita, OR 97130 | 5.9 mi | 20 | $22,075,960 | $914,988 | $1,103,798 |
| 97102 | Arch Cape, OR 97102 | 8.6 mi | 4 | $9,057,468 | $1,899,000 | $2,264,367 |
| 97118 | Garibaldi, OR 97118 | 12.1 mi | 9 | $4,376,349 | $379,450 | $486,261 |
| 97138 | Seaside, OR 97138 | 14.4 mi | 82 | $61,719,842 | $544,750 | $752,681 |
| 97134 | Oceanside, OR 97134 | 19.4 mi | 21 | $18,521,580 | $604,950 | $881,980 |
| 97117 | Gales Creek, OR 97117 | 25.0 mi | 1 | $1,025,000 | $1,025,000 | $1,025,000 |
| 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 | $895,000 | $895,000 | $895,000 |
| 97108 | Beaver, OR 97108 | 31.2 mi | 3 | $2,707,350 | $902,450 | $902,450 |
| 97112 | Cloverdale, OR 97112 | 31.4 mi | 11 | $12,156,925 | $623,725 | $1,105,175 |
| 97119 | Gaston, OR 97119 | 33.7 mi | 9 | $10,590,147 | $856,750 | $1,176,683 |
| 97016 | Clatskanie, OR 97016 | 35.0 mi | 27 | $12,509,883 | $421,175 | $463,329 |
As of July 2026, there are 25 active listings in NEHALEM, OR (zip code 97131), compared to 26 the prior year.
The median listing price in NEHALEM, OR 97131 is $573,000 as of July 2026, a 10.8% decrease from $642,213 the prior year.
Homes in NEHALEM, OR 97131 spend an average of 77 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NEHALEM, OR 97131 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in NEHALEM, OR 97131 save an estimated $11,460 compared to a typical 5% commission on the median listing price of $573,000. 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.