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MILL CITY, OR 97360

Real Estate Market Report  ·  Linn County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The MILL CITY, OR real estate market (97360) currently shows 10 active listings, with 2 pending sales. Homes are averaging 98 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 98 days on market compared to 83 days last year.

The median listing price has risen 11.6% year-over-year, from $468,238 to $522,500.

Whether you are buying or selling in MILL CITY, 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: 2,183  ·  Density: 62.4/mi²  ·  Median household income: $67,384

Typical home value: $259,842  ·  Homeownership: 77.7%

Market Overview

Active Listings
10
⇩ 16.7% vs 12 last year
Pending
2
20% pending ratio
Median Price
$522,500
⇧ 11.6% vs $468,238 last year
Average Price
$499,757
⇧ 0.7% vs $496,265 last year
Days on Market
98
⇧ 18.1% vs 83 days last year

Price Per Square Foot

Median $/sqft
$267
⇧ 1.5% vs $263/sqft last year
Median Home Size
2,113 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 12 last year
  • Days on market: 98 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $522,500 (+11.6% YoY)
  • Average: $499,757 (+0.7% 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 29.4 miles — 395 listings ($244,575,579 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97360Mill City, OR 973600.0 mi10$4,803,900$510,000$480,390
97358Lyons, OR 973585.4 mi12$7,558,500$572,500$629,875
97385Sublimity, OR 9738514.3 mi14$11,320,260$749,000$808,590
97375Scotts Mills, OR 9737516.7 mi4$5,324,000$1,300,000$1,331,000
97381Silverton, OR 9738119.8 mi80$54,094,800$595,000$676,185
97355Lebanon, OR 9735522.3 mi100$51,002,200$415,000$510,022
97317Salem, OR 9731723.1 mi55$41,622,570$694,000$756,774
97345Foster, OR 9734523.8 mi2$1,398,000$699,000$699,000
97362Mount Angel, OR 9736226.0 mi10$7,252,500$549,000$725,250
97352Jefferson, OR 9735226.4 mi17$11,645,731$599,450$685,043
97350Idanha, OR 9735026.7 mi2$639,000$297,500$319,500
97305Salem, OR 9730528.3 mi78$37,204,518$434,900$476,981
97017Colton, OR 9701729.4 mi11$10,709,600$883,500$973,600

Frequently Asked Questions

How many homes are for sale in MILL CITY, OR 97360?

As of February 2026, there are 10 active listings in MILL CITY, OR (zip code 97360), compared to 12 the prior year.

What is the median home price in MILL CITY, OR 97360?

The median listing price in MILL CITY, OR 97360 is $522,500 as of February 2026, a 11.6% increase from $468,238 the prior year.

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

Homes in MILL CITY, OR 97360 spend an average of 98 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in MILL CITY, OR 97360?

Based on current inventory and days-on-market data as of February 2026, MILL CITY, OR 97360 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 98 days on market compared to 83 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILL CITY, OR 97360 save an estimated $10,450 compared to a typical 5% commission on the median listing price of $522,500. 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.