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OTIS, OR 97368

Real Estate Market Report  ·  Lincoln County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The OTIS, OR real estate market (97368) currently shows 23 active listings, with 5 pending sales. Homes are averaging 76 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 76 days on market compared to 73 days last year.

The median listing price has risen 5.9% year-over-year, from $802,000 to $849,500.

Whether you are buying or selling in OTIS, 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: 3,012  ·  Density: 19.1/mi²  ·  Median household income: $53,750

Typical home value: $228,968  ·  Homeownership: 79.4%

Market Overview

Active Listings
23
⇩ 4.2% vs 24 last year
Pending
5
22% pending ratio
Median Price
$849,500
⇧ 5.9% vs $802,000 last year
Average Price
$878,543
⇩ 4.4% vs $918,540 last year
Days on Market
76
⇧ 4.1% vs 73 days last year

Price Per Square Foot

Median $/sqft
$435
⇧ 10.7% vs $393/sqft last year
Median Home Size
1,780 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 24 last year
  • Days on market: 76 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $849,500 (+5.9% YoY)
  • Average: $878,543 (-4.4% 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 32.0 miles — 388 listings ($287,776,170 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97368Otis, OR 973680.0 mi20$19,052,540$884,450$952,627
97149Neskowin, OR 971496.9 mi39$41,666,703$925,950$1,068,377
97388Gleneden Beach, OR 9738810.9 mi24$27,098,256$755,000$1,129,094
97347Grand Ronde, OR 9734712.3 mi2$1,750,000$875,000$875,000
97341Depoe Bay, OR 9734115.3 mi67$46,409,426$612,450$692,678
97112Cloverdale, OR 9711217.7 mi11$12,156,925$623,725$1,105,175
97369Otter Rock, OR 9736918.9 mi17$4,019,922$54,000$236,466
97108Beaver, OR 9710821.2 mi3$2,707,350$902,450$902,450
97378Sheridan, OR 9737823.0 mi34$24,098,622$436,788$708,783
97338Dallas, OR 9733827.5 mi115$67,051,670$470,000$583,058
97326Blodgett, OR 9732629.5 mi1$699,000$699,000$699,000
97134Oceanside, OR 9713431.2 mi21$18,521,580$604,950$881,980
97361Monmouth, OR 9736132.0 mi34$22,544,176$570,000$663,064

Frequently Asked Questions

How many homes are for sale in OTIS, OR 97368?

As of July 2026, there are 23 active listings in OTIS, OR (zip code 97368), compared to 24 the prior year.

What is the median home price in OTIS, OR 97368?

The median listing price in OTIS, OR 97368 is $849,500 as of July 2026, a 5.9% increase from $802,000 the prior year.

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

Homes in OTIS, OR 97368 spend an average of 76 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in OTIS, OR 97368?

Based on current inventory and days-on-market data as of July 2026, OTIS, OR 97368 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 76 days on market compared to 73 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OTIS, OR 97368 save an estimated $16,990 compared to a typical 5% commission on the median listing price of $849,500. 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.