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MILTON FREEWATER, OR 97862

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

Market Analysis

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

The MILTON FREEWATER, OR real estate market (97862) currently shows 35 active listings, with 9 pending sales. Homes are averaging 72 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 selling faster, averaging 72 days on market compared to 78 days last year.

The median listing price has risen 9.6% year-over-year, from $337,500 to $369,950.

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 Context

Market Context

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

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

Market Overview

Active Listings
35
⇧ 29.6% vs 27 last year
Pending
9
26% pending ratio
Median Price
$369,950
⇧ 9.6% vs $337,500 last year
Average Price
$426,189
⇩ 35.3% vs $658,546 last year
Days on Market
72
⇩ 7.7% vs 78 days last year

Price Per Square Foot

Median $/sqft
$235
⇩ 5.6% vs $249/sqft last year
Median Home Size
1,927 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 35 this year vs 27 last year
  • Days on market: 72 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $369,950 (+9.6% YoY)
  • Average: $426,189 (-35.3% 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 45.7 miles — 270 listings ($164,213,274 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97862Milton Freewater, OR 978620.0 mi30$11,646,990$334,750$388,233
97886Weston, OR 978869.6 mi12$4,798,956$372,425$399,913
97813Athena, OR 9781311.3 mi6$2,096,400$349,000$349,400
97810Adams, OR 9781018.0 mi5$3,672,815$787,500$734,563
97835Helix, OR 9783521.9 mi1$189,000$189,000$189,000
97859Meacham, OR 9785928.3 mi1$195,000$195,000$195,000
99323Burbank, WA 9932331.2 mi7$4,606,889$644,925$658,127
97876Summerville, OR 9787631.3 mi2$1,590,000$776,875$795,000
99348Prescott, WA 9934832.4 mi2$679,000$339,500$339,500
97875Stanfield, OR 9787540.8 mi14$4,306,456$274,950$307,604
97885Wallowa, OR 9788543.5 mi19$61,059,635$351,500$3,213,665
97850La Grande, OR 9785043.8 mi37$17,442,577$357,225$471,421
99336Kennewick, WA 9933645.7 mi134$51,929,556$365,950$387,534

Frequently Asked Questions

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

As of March 2026, there are 35 active listings in MILTON FREEWATER, OR (zip code 97862), compared to 27 the prior year.

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

The median listing price in MILTON FREEWATER, OR 97862 is $369,950 as of March 2026, a 9.6% increase from $337,500 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 72 days on the market before going under contract, compared to 78 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 March 2026, MILTON FREEWATER, OR 97862 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 72 days on market compared to 78 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 $7,399 compared to a typical 5% commission on the median listing price of $369,950. 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.