Market Intelligence Report — OR-820

Astoria, OR

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OR-09
As of the latest 2026 data
Very Weak

Median Listing

$599K
-3.3% YoY

Pending Ratio

0.25
+5.0% YoY

Active Inventory

306
-3.8% YoY

Median DOM

88 Days
+5.7% YoY

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The Astoria market is currently categorized as Very Weak, primarily due to a pending ratio of 0.25, indicating that demand absorption is significantly lagging inventory. Despite a year-over-year increase in the pending ratio, the absolute level suggests substantial market softness.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Astoria market right now.

Active listings have experienced a modest year-over-year contraction of 3.8%, while new listings surged by 31.0% over the same period, contributing to overall supply. The median listing price has declined by 3.3% year-over-year, alongside a 5.0% year-over-year decrease in median price per square foot. Days on market have extended by 5.7% from the prior year, reflecting a slower pace of transactions.

Historical Analysis

Market Trends

Median Price

$599K-2.5% MoM

Active Inventory

306-3.8% YoY

Days on Market

88+5.7% YoY

Sold Score™

31+5.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.25, significant inventory pressure is evident, placing demand at a considerable disadvantage. The extended median days on market and the decline in median prices suggest that properties are moving at a slower pace, requiring greater price discipline from sellers to achieve absorption. Negotiations are likely to reflect this environment of constrained demand.

Luxury Segment

The average listing price in the most recent period is $817,888, noticeably above the median listing price of $599,450. Concurrently, the average listing price has declined by 4.6% year-over-year, and the median price per square foot has fallen by 5.0% year-over-year, suggesting some softening at higher price points within the market.

Supply Dynamics

306 active listings represent the current floor, with new supply arriving at roughly 76 per month.

Pricing Pressure
23.8%

of active listings carry a price reduction, -4.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.0% year-over-year.

Absorption
0.25

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Astoria, OR? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Astoria, OR. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
25%
Median Days on Market
88 days
Inventory YoY
−4%

In a buyer's market, strategy beats timing. See how your home scores in Astoria, OR and what moves the number.

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Metro Demographics

Metro Area
Astoria, OR
CBSA Code
11820
State
OR

ZIPs in Astoria, OR

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Astoria?+

    As of the latest 2026 data, the Astoria metro is classified as Very Weak. Pending ratio is 0.25 with median days on market at 88.

  • Are home prices dropping in Astoria?+

    Median listing price is $599K, -3.3% year over year. 23.8% of active listings carry a price reduction.

  • How fast are homes selling in Astoria?+

    The typical listing sits 88 days on market, a +5.7% change YoY. New listings are arriving at 76 per month.

  • What's happening in the Astoria luxury market?+

    The average listing price in the most recent period is $817,888, noticeably above the median listing price of $599,450. Concurrently, the average listing price has declined by 4.6% year-over-year, and the median price per square foot has fallen by 5.0% year-over-year, suggesting some softening at higher price points within the market.

  • Where can I find a trusted Astoria real estate expert?+

    Primpted maintains a vetted registry of Astoria agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 11820 · 36mo history