Market report
Nehalem Real Estate Market Report
Nehalem home sales, in perspective
The Nehalem report covers an unusually varied market, and the boundary matters: the figures below combine recorded single-family sales in Nehalem, Nehalem Valley and Bayside Gardens. Across that combined history, the fast, competitive conditions of 2021 and 2022 have given way to longer marketing periods and more frequent negotiation below the original list price, while the center of the price distribution has stayed well above where the record began. None of this should be read as though every Nehalem property belongs to the same submarket; the report spans housing environments that are substantially different from one another.
Those differences run from historic in-town Nehalem and river-oriented properties, to the more conventional neighborhood pattern of Bayside Gardens, to the acreage, farms, forest and river settings of Nehalem Valley and the North Fork. Nehalem Point, Riverbend Estates, River View Meadows and other smaller developments add still more variation. For that reason the date controls are particularly useful here: they let a careful reader study the distribution of sales rather than assume a combined Nehalem median describes every part of the market equally well.
141 recorded single-family sales since October 27, 2020
Narrow the years
2020–2026 · 141 sales
Sales by price
2020–2026. Price ranges stay the same whatever years you choose, so you can compare one period with another.
| Price | Sales | Median market time |
|---|---|---|
| $700k+ | 16 | 64 days · 16 sales |
| $600–699k | 19 | 20 days · 19 sales |
| $500–599k | 39 | 18 days · 39 sales |
| $400–499k | 30 | 14 days · 30 sales |
| $300–399k | 27 | 22 days · 27 sales |
| $200–299k | 8 | 26 days · 8 sales |
| $100–199k | 2 | 56 days · 2 sales |
What sellers got
In Nehalem, 2020–2026
- Median sold price
- $505,000141 sales
- Median original list price
- $499,989141 sales
- Median gap to list price
- −2.0%141 sales
- Sold at or above list price
- 38%54 of 141
- Median market time
- 18 days141 sales
- Cash sales
- 40%57 of 141 with financing recorded
How this is calculated
Every figure on this page is computed from recorded RMLS sales inside the Nehalem and Nehalem Valley and Bayside Gardens boundaries. 141 sales since October 27, 2020. No estimates, no models.
- Single-family homes only — condominiums, land and commercial sales are excluded.
- Individual sales are shown by price and date. No property is identified by address.
- Market time prefers the cumulative figure, which survives a relisting, and falls back to days on market where RMLS records no cumulative one. The number of sales behind each median is shown beside it.
- “Sold at or above list price” compares the closing price with the price the listing opened at. A seller may hold their list price and accept a lower offer, so this measures the gap rather than a price reduction.
- “Cash sales” counts sales RMLS records as financed by cash alone, as a share of the sales where financing was recorded at all. Where RMLS records no financing the sale is left out of that figure rather than counted as not cash.
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