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MILL CITY, OR 97360

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

Market Analysis

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

The MILL CITY, OR real estate market (97360) currently shows 11 active listings, with 2 pending sales. Homes are averaging 71 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 71 days on market compared to 44 days last year.

The median listing price has risen 21.1% year-over-year, from $410,000 to $496,583.

Whether you are buying or selling in MILL CITY, 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: 2,183  ·  Density: 62.4/mi²  ·  Median household income: $67,384

Typical home value: $259,842  ·  Homeownership: 77.7%

Market Overview

Active Listings
11
⇩ 15.4% vs 13 last year
Pending
2
18% pending ratio
Median Price
$496,583
⇧ 21.1% vs $410,000 last year
Average Price
$492,751
⇧ 17.1% vs $420,705 last year
Days on Market
71
⇧ 61.4% vs 44 days last year

Price Per Square Foot

Median $/sqft
$265
⇧ 2.7% vs $258/sqft last year
Median Home Size
1,901 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 13 last year
  • Days on market: 71 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $496,583 (+21.1% YoY)
  • Average: $492,751 (+17.1% 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 29.8 miles — 696 listings ($408,250,187 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97360Mill City, OR 973600.0 mi10$4,997,570$522,500$499,757
97358Lyons, OR 973585.4 mi17$11,402,002$712,500$670,706
97385Sublimity, OR 9738514.3 mi17$13,145,709$690,500$773,277
97375Scotts Mills, OR 9737516.7 mi8$9,929,784$1,164,975$1,241,223
97381Silverton, OR 9738119.8 mi80$55,019,440$572,175$687,743
97355Lebanon, OR 9735522.3 mi117$63,359,712$447,470$541,536
97317Salem, OR 9731723.1 mi61$45,274,444$628,000$742,204
97345Foster, OR 9734523.8 mi2$1,398,000$699,000$699,000
97310Salem, OR 9731026.1 mi1$650,000$650,000$650,000
97342Detroit, OR 9734226.5 mi2$1,044,500$522,250$522,250
97322Albany, OR 9732227.7 mi98$48,783,812$429,450$497,794
97301Salem, OR 9730128.8 mi148$63,119,484$399,675$426,483
97306Salem, OR 9730629.8 mi135$90,125,730$562,000$667,598

Frequently Asked Questions

How many homes are for sale in MILL CITY, OR 97360?

As of March 2026, there are 11 active listings in MILL CITY, OR (zip code 97360), compared to 13 the prior year.

What is the median home price in MILL CITY, OR 97360?

The median listing price in MILL CITY, OR 97360 is $496,583 as of March 2026, a 21.1% increase from $410,000 the prior year.

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

Homes in MILL CITY, OR 97360 spend an average of 71 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in MILL CITY, OR 97360?

Based on current inventory and days-on-market data as of March 2026, MILL CITY, OR 97360 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 71 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILL CITY, OR 97360 save an estimated $9,932 compared to a typical 5% commission on the median listing price of $496,583. 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.