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SHERIDAN, OR 97378

Real Estate Market Report  ·  Yamhill County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
33
⇧ 57.1% vs 21 last year
Pending
9
27% pending ratio
Median Price
$519,000
⇧ 10% vs $472,000 last year
Average Price
$699,111
⇧ 6.5% vs $656,716 last year
Days on Market
77
⇧ 8.5% vs 71 days last year

Market Context

Population: 10,523  ·  Density: 34.8/mi²  ·  Median household income: $72,121

Typical home value: $293,660  ·  Homeownership: 66.7%

Market Analysis

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

The SHERIDAN, OR real estate market (97378) currently shows 33 active listings, with 9 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 77 days on market compared to 71 days last year.

The median listing price has risen 10% year-over-year, from $472,000 to $519,000.

Whether you are buying or selling in SHERIDAN, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 21 last year
  • Days on market: 77 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $519,000 (+10% YoY)
  • Average: $699,111 (+6.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.5 miles — 421 listings ($311,154,199 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97378Sheridan, OR 973780.0 mi33$23,070,663$519,000$699,111
97101Amity, OR 9710110.6 mi20$19,547,440$899,250$977,372
97347Grand Ronde, OR 9734711.1 mi2$798,000$399,000$399,000
97371Rickreall, OR 9737113.0 mi4$5,000,000$1,475,000$1,250,000
97304Salem, OR 9730416.6 mi127$91,576,144$578,450$721,072
97111Carlton, OR 9711118.4 mi16$16,232,800$599,000$1,014,550
97127Lafayette, OR 9712719.3 mi33$15,926,031$478,828$482,607
97303Salem, OR 9730320.2 mi86$43,652,912$474,900$507,592
97351Independence, OR 9735120.9 mi32$19,390,464$432,500$605,952
97361Monmouth, OR 9736121.9 mi30$25,437,450$663,800$847,915
97368Otis, OR 9736823.1 mi20$18,750,500$877,000$937,525
97115Dundee, OR 9711523.8 mi13$23,233,795$1,320,000$1,787,215
97137Saint Paul, OR 9713724.5 mi5$8,538,000$1,000,000$1,707,600

Frequently Asked Questions

How many homes are for sale in SHERIDAN, OR 97378?

As of January 2026, there are 33 active listings in SHERIDAN, OR (zip code 97378), compared to 21 the prior year.

What is the median home price in SHERIDAN, OR 97378?

The median listing price in SHERIDAN, OR 97378 is $519,000 as of January 2026, a 10% increase from $472,000 the prior year.

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

Homes in SHERIDAN, OR 97378 spend an average of 77 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in SHERIDAN, OR 97378?

Based on current inventory and days-on-market data as of January 2026, SHERIDAN, OR 97378 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 71 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHERIDAN, OR 97378 save an estimated $10,380 compared to a typical 5% commission on the median listing price of $519,000. 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.