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CAVE JUNCTION, OR 97523

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CAVE JUNCTION, OR real estate market (97523) currently shows 74 active listings, with 12 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 117 days on market compared to 100 days last year.

The median listing price has risen 11.5% year-over-year, from $347,000 to $387,000.

Whether you are buying or selling in CAVE JUNCTION, 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: 6,436  ·  Density: 9.9/mi²  ·  Median household income: $42,801

Typical home value: $303,143  ·  Homeownership: 80.7%

Market Overview

Active Listings
74
⇧ 54.2% vs 48 last year
Pending
12
16% pending ratio
Median Price
$387,000
⇧ 11.5% vs $347,000 last year
Average Price
$498,862
⇧ 21.2% vs $411,524 last year
Days on Market
117
⇧ 17% vs 100 days last year

Price Per Square Foot

Median $/sqft
$248
⇧ 1.2% vs $245/sqft last year
Median Home Size
1,608 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 48 last year
  • Days on market: 117 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $387,000 (+11.5% YoY)
  • Average: $498,862 (+21.2% 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 42.6 miles — 779 listings ($496,281,811 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97523Cave Junction, OR 975230.0 mi50$21,796,700$388,450$435,934
97534O'Brien, OR 975347.0 mi2$2,400,000$1,200,000$1,200,000
95543Gasquet, CA 9554317.9 mi1$530,000$530,000$530,000
97543Wilderville, OR 9754318.6 mi5$3,278,115$586,750$655,623
97415Brookings, OR 9741526.0 mi100$67,878,300$664,950$678,783
97530Jacksonville, OR 9753026.9 mi69$76,446,618$692,500$1,107,922
95531Crescent City, CA 9553129.4 mi90$45,445,500$434,500$504,950
97526Grants Pass, OR 9752631.3 mi168$111,706,392$527,225$664,919
97525Gold Hill, OR 9752535.9 mi24$18,621,360$548,700$775,890
97537Rogue River, OR 9753739.4 mi32$19,682,080$584,675$615,065
97501Medford, OR 9750139.4 mi155$78,867,100$396,000$508,820
97502Central Point, OR 9750240.4 mi82$49,339,646$469,225$601,703
95548Klamath, CA 9554842.6 mi1$290,000$290,000$290,000

Frequently Asked Questions

How many homes are for sale in CAVE JUNCTION, OR 97523?

As of March 2026, there are 74 active listings in CAVE JUNCTION, OR (zip code 97523), compared to 48 the prior year.

What is the median home price in CAVE JUNCTION, OR 97523?

The median listing price in CAVE JUNCTION, OR 97523 is $387,000 as of March 2026, a 11.5% increase from $347,000 the prior year.

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

Homes in CAVE JUNCTION, OR 97523 spend an average of 117 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in CAVE JUNCTION, OR 97523?

Based on current inventory and days-on-market data as of March 2026, CAVE JUNCTION, OR 97523 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 117 days on market compared to 100 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CAVE JUNCTION, OR 97523 save an estimated $7,740 compared to a typical 5% commission on the median listing price of $387,000. 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.