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WESTLAKE, OR 97493

Real Estate Market Report  ·  Lane County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
1
25% pending ratio
Median Price
$549,990
⇧ 31% vs $420,000 last year
Average Price
$623,330
⇧ 6.9% vs $583,000 last year
Days on Market
123
⇧ 207.5% vs 40 days last year

Market Context

Population: 324  ·  Density: 2.4/mi²  ·  Median household income: $77,639

Typical home value: $515,597  ·  Homeownership: 91.6%

Market Analysis

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

The WESTLAKE, OR real estate market (97493) currently shows 4 active listings, with 1 pending sales. Homes are averaging 123 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 123 days on market compared to 40 days last year.

The median listing price has risen 31% year-over-year, from $420,000 to $549,990.

Whether you are buying or selling in WESTLAKE, 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: 4 this year vs 5 last year
  • Days on market: 123 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $549,990 (+31% YoY)
  • Average: $623,330 (+6.9% 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 41.9 miles — 164 listings ($96,846,998 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97493Westlake, OR 974930.0 mi4$2,493,320$549,990$623,330
97441Gardiner, OR 9744110.8 mi2$666,000$333,000$333,000
97467Reedsport, OR 9746712.8 mi22$9,953,196$379,900$452,418
97480Swisshome, OR 9748018.2 mi2$1,964,900$982,450$982,450
97430Deadwood, OR 9743023.1 mi4$2,686,532$775,000$671,633
97436Elkton, OR 9743628.3 mi9$6,225,750$412,500$691,750
97412Blachly, OR 9741230.3 mi3$2,439,000$950,000$813,000
97390Tidewater, OR 9739031.1 mi3$1,373,001$435,000$457,667
97437Elmira, OR 9743734.0 mi3$1,408,500$469,500$469,500
97451Lorane, OR 9745135.3 mi1$3,490,000$3,490,000$3,490,000
97324Alsea, OR 9732435.9 mi4$3,952,000$695,000$988,000
97420Coos Bay, OR 9742038.6 mi99$52,216,263$409,900$527,437
97376Seal Rock, OR 9737641.9 mi8$7,978,536$852,000$997,317

Frequently Asked Questions

How many homes are for sale in WESTLAKE, OR 97493?

As of January 2026, there are 4 active listings in WESTLAKE, OR (zip code 97493), compared to 5 the prior year.

What is the median home price in WESTLAKE, OR 97493?

The median listing price in WESTLAKE, OR 97493 is $549,990 as of January 2026, a 31% increase from $420,000 the prior year.

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

Homes in WESTLAKE, OR 97493 spend an average of 123 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in WESTLAKE, OR 97493?

Based on current inventory and days-on-market data as of January 2026, WESTLAKE, OR 97493 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 123 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WESTLAKE, OR 97493 save an estimated $11,000 compared to a typical 5% commission on the median listing price of $549,990. 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.