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DRAIN, OR 97435

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

Market Analysis

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

The DRAIN, OR real estate market (97435) currently shows 10 active listings, with 1 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 85 days on market compared to 66 days last year.

The median listing price has fallen 21.6% year-over-year, from $368,750 to $289,000.

Whether you are buying or selling in DRAIN, 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: 2,594  ·  Density: 10.1/mi²  ·  Median household income: $58,333

Typical home value: $267,702  ·  Homeownership: 74.2%

Market Overview

Active Listings
10
⇩ 28.6% vs 14 last year
Pending
1
10% pending ratio
Median Price
$289,000
⇩ 21.6% vs $368,750 last year
Average Price
$380,606
⇩ 0.7% vs $383,105 last year
Days on Market
85
⇧ 28.8% vs 66 days last year

Price Per Square Foot

Median $/sqft
$273
⇧ 4.6% vs $261/sqft last year
Median Home Size
1,338 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 14 last year
  • Days on market: 85 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $289,000 (-21.6% YoY)
  • Average: $380,606 (-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 32.8 miles — 426 listings ($256,765,967 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97435Drain, OR 974350.0 mi11$4,458,663$291,500$405,333
97451Lorane, OR 974519.6 mi1$3,490,000$3,490,000$3,490,000
97424Cottage Grove, OR 9742414.5 mi56$33,208,392$485,000$593,007
97405Eugene, OR 9740519.5 mi118$82,680,358$560,734$700,681
97426Creswell, OR 9742620.8 mi26$17,863,378$584,000$687,053
97486Umpqua, OR 9748624.5 mi3$2,512,500$837,500$837,500
97473Scottsburg, OR 9747326.8 mi4$1,735,900$459,500$433,975
97437Elmira, OR 9743727.5 mi3$1,408,500$469,500$469,500
97434Dorena, OR 9743427.9 mi4$1,865,200$369,900$466,300
97467Reedsport, OR 9746728.4 mi22$9,953,196$379,900$452,418
97431Dexter, OR 9743128.6 mi6$2,512,560$439,900$418,760
97477Springfield, OR 9747729.5 mi68$32,826,456$439,950$482,742
97470Roseburg, OR 9747032.8 mi104$62,250,864$400,000$598,566

Frequently Asked Questions

How many homes are for sale in DRAIN, OR 97435?

As of February 2026, there are 10 active listings in DRAIN, OR (zip code 97435), compared to 14 the prior year.

What is the median home price in DRAIN, OR 97435?

The median listing price in DRAIN, OR 97435 is $289,000 as of February 2026, a 21.6% decrease from $368,750 the prior year.

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

Homes in DRAIN, OR 97435 spend an average of 85 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in DRAIN, OR 97435?

Based on current inventory and days-on-market data as of February 2026, DRAIN, OR 97435 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 85 days on market compared to 66 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DRAIN, OR 97435 save an estimated $5,780 compared to a typical 5% commission on the median listing price of $289,000. 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.