Data as of September 2026. Source: Realtor.com.
The NEHALEM, OR real estate market (97131) currently shows 21 active listings, with 2 pending sales. Homes are averaging 125 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 125 days on market compared to 84 days last year.
The median listing price has fallen 9.4% year-over-year, from $606,738 to $549,900.
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 September 2026, there are 21 active listings in NEHALEM, OR (zip code 97131), compared to 27 the prior year.
The median listing price in NEHALEM, OR 97131 is $549,900 as of September 2026, a 9.4% decrease from $606,738 the prior year.
Homes in NEHALEM, OR 97131 spend an average of 125 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEHALEM, OR 97131 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 125 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in NEHALEM, OR 97131 save an estimated $10,998 compared to a typical 5% commission on the median listing price of $549,900. 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.