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ELGIN, OR 97827

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

Market Analysis

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

The ELGIN, OR real estate market (97827) currently shows 17 active listings, with 3 pending sales. Homes are averaging 106 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 106 days on market compared to 112 days last year.

The median listing price has fallen 33.2% year-over-year, from $770,000 to $514,500.

Whether you are buying or selling in ELGIN, 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: 2,599  ·  Density: 4.8/mi²  ·  Median household income: $54,528

Typical home value: $212,974  ·  Homeownership: 79.6%

Market Overview

Active Listings
17
⇧ 6.3% vs 16 last year
Pending
3
18% pending ratio
Median Price
$514,500
⇩ 33.2% vs $770,000 last year
Average Price
$643,643
⇩ 53.9% vs $1,397,115 last year
Days on Market
106
⇩ 5.4% vs 112 days last year

Price Per Square Foot

Median $/sqft
$348
vs $348/sqft last year
Median Home Size
1,594 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 16 last year
  • Days on market: 106 now vs 112 last year

Median & Average Pricing

Year over Year
  • Median: $514,500 (-33.2% YoY)
  • Average: $643,643 (-53.9% 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 50.1 miles — 313 listings ($236,009,767 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97827Elgin, OR 978270.0 mi14$8,873,606$435,000$633,829
97885Wallowa, OR 9788517.1 mi19$61,059,635$351,500$3,213,665
97886Weston, OR 9788622.8 mi12$4,798,956$372,425$399,913
97850La Grande, OR 9785024.7 mi37$17,442,577$357,225$471,421
97859Meacham, OR 9785928.3 mi1$195,000$195,000$195,000
97862Milton Freewater, OR 9786231.2 mi30$11,646,990$334,750$388,233
97813Athena, OR 9781336.4 mi6$2,096,400$349,000$349,400
99329Dixie, WA 9932939.2 mi1$619,900$619,900$619,900
99362Walla Walla, WA 9936239.6 mi162$115,541,802$531,750$713,221
99401Anatone, WA 9940143.5 mi1$140,000$140,000$140,000
99328Dayton, WA 9932845.7 mi23$10,193,600$345,000$443,200
97833Haines, OR 9783347.6 mi4$2,173,800$469,900$543,450
97842Imnaha, OR 9784250.1 mi3$1,227,501$375,000$409,167

Frequently Asked Questions

How many homes are for sale in ELGIN, OR 97827?

As of March 2026, there are 17 active listings in ELGIN, OR (zip code 97827), compared to 16 the prior year.

What is the median home price in ELGIN, OR 97827?

The median listing price in ELGIN, OR 97827 is $514,500 as of March 2026, a 33.2% decrease from $770,000 the prior year.

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

Homes in ELGIN, OR 97827 spend an average of 106 days on the market before going under contract, compared to 112 days the prior year.

Is it a seller's or buyer's market in ELGIN, OR 97827?

Based on current inventory and days-on-market data as of March 2026, ELGIN, OR 97827 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 106 days on market compared to 112 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELGIN, OR 97827 save an estimated $10,290 compared to a typical 5% commission on the median listing price of $514,500. 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.