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MILTON FREEWATER, OR 97862

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

Market Overview

Active Listings
30
⇧ 36.4% vs 22 last year
Pending
6
20% pending ratio
Median Price
$350,000
⇩ 28.9% vs $492,500 last year
Average Price
$393,528
⇩ 49% vs $771,017 last year
Days on Market
104
⇧ 19.5% vs 87 days last year

Market Context

Population: 12,460  ·  Density: 16.4/mi²  ·  Median household income: $52,699

Typical home value: $184,487  ·  Homeownership: 62.7%

Market Analysis

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

The MILTON FREEWATER, OR real estate market (97862) currently shows 30 active listings, with 6 pending sales. Homes are averaging 104 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 104 days on market compared to 87 days last year.

The median listing price has fallen 28.9% year-over-year, from $492,500 to $350,000.

Whether you are buying or selling in MILTON FREEWATER, 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: 30 this year vs 22 last year
  • Days on market: 104 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $350,000 (-28.9% YoY)
  • Average: $393,528 (-49% 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 47.0 miles — 510 listings ($270,013,744 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97862Milton Freewater, OR 978620.0 mi30$11,805,840$350,000$393,528
97886Weston, OR 978869.6 mi9$3,760,110$369,000$417,790
97813Athena, OR 9781311.3 mi6$1,980,102$349,050$330,017
97810Adams, OR 9781018.0 mi5$3,090,000$664,250$618,000
99361Waitsburg, WA 9936123.0 mi9$4,890,483$399,000$543,387
99323Burbank, WA 9932331.2 mi6$3,840,000$639,999$640,000
97876Summerville, OR 9787631.3 mi3$3,817,500$1,272,500$1,272,500
99348Prescott, WA 9934832.4 mi2$600,000$300,000$300,000
99337Kennewick, WA 9933738.2 mi105$58,169,685$497,900$553,997
99359Starbuck, WA 9935942.6 mi1$140,000$140,000$140,000
99301Pasco, WA 9930143.5 mi225$135,844,425$499,000$603,753
97868Pilot Rock, OR 9786844.7 mi5$2,007,415$262,000$401,483
97838Hermiston, OR 9783847.0 mi104$40,068,184$374,950$385,271

Frequently Asked Questions

How many homes are for sale in MILTON FREEWATER, OR 97862?

As of January 2026, there are 30 active listings in MILTON FREEWATER, OR (zip code 97862), compared to 22 the prior year.

What is the median home price in MILTON FREEWATER, OR 97862?

The median listing price in MILTON FREEWATER, OR 97862 is $350,000 as of January 2026, a 28.9% decrease from $492,500 the prior year.

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

Homes in MILTON FREEWATER, OR 97862 spend an average of 104 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in MILTON FREEWATER, OR 97862?

Based on current inventory and days-on-market data as of January 2026, MILTON FREEWATER, OR 97862 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 104 days on market compared to 87 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILTON FREEWATER, OR 97862 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.