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Hermiston, OR 97838 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Hermiston, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 4747PendingPending sales: 77
Hermiston, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $378k$378kSoldMedian sold price (last 6 months): $360k$360k
What homes actually sell for in Hermiston, OR
Distribution of 162 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $318k to $410k
$230k to $270k: 11 sales$230k$270k to $309k: 17 sales$309k to $348k: 37 sales$309k$348k to $388k: 21 sales$388k to $428k: 43 sales43sales$388k$428k to $467k: 12 sales$467k to $506k: 4 sales$467k$506k to $546k: 1 salesMedian $360k

What the numbers say

As of October 26, 2026, Resideline is tracking 47 active listings and 7 pending sales in ZIP code 97838. That pending-to-active ratio of 0.15 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $377,900, while the median of the 162 closed sales Resideline tracked over the last six months was $360,496. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97838 for 87 days.

Frequently asked questions

What is the median home price in 97838?

The median closed sale price in Hermiston, OR 97838 was $360,496 over the last six months, based on 162 closed sales tracked by Resideline. The middle half of those sales ranged from $317,941 to $409,900.

Is 97838 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 47 active listings in 97838, a pending-to-active ratio of 0.15. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 97838 is currently a faster-moving market.

Nearby ZIP code market data

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