Call or Text (240) SELL-123

SHERIDAN, OR 97378

Real Estate Market Report  ·  Yamhill County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SHERIDAN, OR real estate market (97378) currently shows 34 active listings, with 10 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 62 days on market compared to 53 days last year.

The median listing price has fallen 17% year-over-year, from $526,500 to $436,788.

Whether you are buying or selling in SHERIDAN, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SHERIDAN, OR 97378 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 10,523  ·  Density: 34.8/mi²  ·  Median household income: $72,121

Typical home value: $293,660  ·  Homeownership: 66.7%

Market Overview

Active Listings
34
⇧ 41.7% vs 24 last year
Pending
10
29% pending ratio
Median Price
$436,788
⇩ 17% vs $526,500 last year
Average Price
$708,783
⇧ 1.1% vs $701,416 last year
Days on Market
62
⇧ 17% vs 53 days last year

Price Per Square Foot

Median $/sqft
$292
⇩ 18.7% vs $359/sqft last year
Median Home Size
1,785 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 24 last year
  • Days on market: 62 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $436,788 (-17% YoY)
  • Average: $708,783 (+1.1% 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 24.5 miles — 421 listings ($311,154,199 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97378Sheridan, OR 973780.0 mi33$23,070,663$519,000$699,111
97101Amity, OR 9710110.6 mi20$19,547,440$899,250$977,372
97347Grand Ronde, OR 9734711.1 mi2$798,000$399,000$399,000
97371Rickreall, OR 9737113.0 mi4$5,000,000$1,475,000$1,250,000
97304Salem, OR 9730416.6 mi127$91,576,144$578,450$721,072
97111Carlton, OR 9711118.4 mi16$16,232,800$599,000$1,014,550
97127Lafayette, OR 9712719.3 mi33$15,926,031$478,828$482,607
97303Salem, OR 9730320.2 mi86$43,652,912$474,900$507,592
97351Independence, OR 9735120.9 mi32$19,390,464$432,500$605,952
97361Monmouth, OR 9736121.9 mi30$25,437,450$663,800$847,915
97368Otis, OR 9736823.1 mi20$18,750,500$877,000$937,525
97115Dundee, OR 9711523.8 mi13$23,233,795$1,320,000$1,787,215
97137Saint Paul, OR 9713724.5 mi5$8,538,000$1,000,000$1,707,600

Frequently Asked Questions

How many homes are for sale in SHERIDAN, OR 97378?

As of February 2026, there are 34 active listings in SHERIDAN, OR (zip code 97378), compared to 24 the prior year.

What is the median home price in SHERIDAN, OR 97378?

The median listing price in SHERIDAN, OR 97378 is $436,788 as of February 2026, a 17% decrease from $526,500 the prior year.

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

Homes in SHERIDAN, OR 97378 spend an average of 62 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in SHERIDAN, OR 97378?

Based on current inventory and days-on-market data as of February 2026, SHERIDAN, OR 97378 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 53 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHERIDAN, OR 97378 save an estimated $8,736 compared to a typical 5% commission on the median listing price of $436,788. 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.