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Westlake

WESTLAKE, OR 97493

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

Neighborhoods in ZIP 97493

Westlake

Market Analysis

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

The WESTLAKE, OR real estate market (97493) currently shows 5 active listings, with 2 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 83 days on market compared to 99 days last year.

The median listing price has risen 120.2% year-over-year, from $420,000 to $925,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
5
vs 5 last year
Pending
2
40% pending ratio
Median Price
$925,000
⇧ 120.2% vs $420,000 last year
Average Price
$807,082
⇧ 42.9% vs $564,800 last year
Days on Market
83
⇩ 16.2% vs 99 days last year

Price Per Square Foot

Median $/sqft
$371
⇧ 11.1% vs $334/sqft last year
Median Home Size
1,884 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 83 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $925,000 (+120.2% YoY)
  • Average: $807,082 (+42.9% 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
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 41.9 miles — 173 listings ($97,879,244 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97493Westlake, OR 974930.0 mi5$3,383,320$643,743$676,664
97441Gardiner, OR 9744110.8 mi3$1,029,999$344,000$343,333
97467Reedsport, OR 9746712.8 mi25$11,211,600$399,700$448,464
97480Swisshome, OR 9748018.2 mi3$2,540,949$584,000$846,983
97430Deadwood, OR 9743023.1 mi4$2,479,800$619,950$619,950
97436Elkton, OR 9743628.3 mi8$5,492,000$412,500$686,500
97412Blachly, OR 9741230.3 mi3$3,450,000$1,150,000$1,150,000
97390Tidewater, OR 9739031.1 mi3$1,332,999$435,000$444,333
97437Elmira, OR 9743734.0 mi2$578,000$289,000$289,000
97451Lorane, OR 9745135.3 mi1$3,490,000$3,490,000$3,490,000
97324Alsea, OR 9732435.9 mi2$1,520,000$760,000$760,000
97420Coos Bay, OR 9742038.6 mi107$55,340,721$401,225$517,203
97376Seal Rock, OR 9737641.9 mi7$6,029,856$662,250$861,408

Frequently Asked Questions

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

As of March 2026, there are 5 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 $925,000 as of March 2026, a 120.2% 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 83 days on the market before going under contract, compared to 99 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 March 2026, WESTLAKE, OR 97493 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 83 days on market compared to 99 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 $18,500 compared to a typical 5% commission on the median listing price of $925,000. 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.