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Cutler City

GLENEDEN BEACH, OR 97388

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

Neighborhoods in ZIP 97388

Cutler City

Market Analysis

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

The GLENEDEN BEACH, OR real estate market (97388) currently shows 24 active listings, with 3 pending sales. Homes are averaging 142 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 142 days on market compared to 123 days last year.

The median listing price has risen 11.1% year-over-year, from $679,500 to $755,000.

Whether you are buying or selling in GLENEDEN BEACH, 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: 920  ·  Density: 55.4/mi²  ·  Median household income: $60,642

Typical home value: $430,402  ·  Homeownership: 74.3%

Market Overview

Active Listings
24
⇧ 20% vs 20 last year
Pending
3
13% pending ratio
Median Price
$755,000
⇧ 11.1% vs $679,500 last year
Average Price
$1,129,094
⇧ 28.5% vs $878,713 last year
Days on Market
142
⇧ 15.4% vs 123 days last year

Price Per Square Foot

Median $/sqft
$318
⇩ 16.5% vs $381/sqft last year
Median Home Size
2,296 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 20 last year
  • Days on market: 142 now vs 123 last year

Median & Average Pricing

Year over Year
  • Median: $755,000 (+11.1% YoY)
  • Average: $1,129,094 (+28.5% 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 33.6 miles — 357 listings ($249,238,423 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97388Gleneden Beach, OR 973880.0 mi23$25,914,698$695,000$1,126,726
97341Depoe Bay, OR 973414.4 mi55$36,531,110$598,500$664,202
97369Otter Rock, OR 973698.2 mi18$3,532,662$35,000$196,259
97368Otis, OR 9736810.9 mi20$18,750,500$877,000$937,525
97365Newport, OR 9736514.0 mi72$44,509,680$525,000$618,190
97366South Beach, OR 9736620.2 mi15$10,441,710$714,000$696,114
97135Pacific City, OR 9713521.8 mi27$16,248,060$615,000$601,780
97122Hebo, OR 9712222.8 mi1$430,000$430,000$430,000
97376Seal Rock, OR 9737625.3 mi8$7,978,536$852,000$997,317
97112Cloverdale, OR 9711227.7 mi14$15,823,794$549,900$1,130,271
97378Sheridan, OR 9737831.7 mi33$23,070,663$519,000$699,111
97394Waldport, OR 9739432.3 mi50$29,768,550$544,000$595,371
97370Philomath, OR 9737033.6 mi21$16,238,460$573,800$773,260

Frequently Asked Questions

How many homes are for sale in GLENEDEN BEACH, OR 97388?

As of February 2026, there are 24 active listings in GLENEDEN BEACH, OR (zip code 97388), compared to 20 the prior year.

What is the median home price in GLENEDEN BEACH, OR 97388?

The median listing price in GLENEDEN BEACH, OR 97388 is $755,000 as of February 2026, a 11.1% increase from $679,500 the prior year.

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

Homes in GLENEDEN BEACH, OR 97388 spend an average of 142 days on the market before going under contract, compared to 123 days the prior year.

Is it a seller's or buyer's market in GLENEDEN BEACH, OR 97388?

Based on current inventory and days-on-market data as of February 2026, GLENEDEN BEACH, OR 97388 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 142 days on market compared to 123 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GLENEDEN BEACH, OR 97388 save an estimated $15,100 compared to a typical 5% commission on the median listing price of $755,000. 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.