Hermiston-Pendleton, OR
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Hermiston-Pendleton market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Hermiston-Pendleton, OR.
The Hermiston-Pendleton market is currently assessed as Cooling, driven by a pending ratio of 0.41, which represents a 5.1% year-over-year contraction. This indicates that demand absorption is moderating relative to available supply, contributing to a less active transactional environment.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Hermiston-Pendleton market right now.
Active listings have expanded substantially, registering a 25.2% year-over-year increase to 293 units. New listings also rose by 23.5% over the past year, contributing to the broader inventory build. Concurrently, the median listing price has shown a modest decline, down 1.7% year-over-year to $350,000, while the share of price reductions increased by 2.4% over the same period, reaching 24.7%.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With the pending ratio at 0.41 and significant inventory growth, the market dynamics suggest reduced pressure on available listings. Prospective buyers are likely to encounter more selection and potentially more room for negotiation, while sellers may need to exercise greater price discipline to align with current demand absorption rates and extend time on market.
Luxury-segment dynamics present a mixed signal; the average listing price experienced a 2.6% year-over-year decline, reaching $413,207. However, the median price per square foot saw a slight 0.7% year-over-year increase, and the average-to-median price spread remains notable at 18.1%, suggesting continued stratification but not a distinct weakening trend within the luxury tier based solely on this dataset.
293 active listings represent the current floor, with new supply arriving at roughly 84 per month.
of active listings carry a price reduction, +2.4% from prior period.
Median price per square foot has moved +0.7% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Hermiston-Pendleton, OR? Inventory is up 25% from last year.
Hermiston-Pendleton, OR is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 41%
- Median Days on Market
- 63 days
- Inventory YoY
- +25%
Hermiston-Pendleton, OR is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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Metro Demographics
ZIPs in Hermiston-Pendleton, OR
97838
hermiston
$392K
83 active · 49 DOM
97801
pendleton
$344K
67 active · 53 DOM
97862
milton freewater
$360K
39 active · 53 DOM
97846
joseph
$595K
25 active · 64 DOM
97828
enterprise
$430K
22 active · 76 DOM
97845
john day
$417K
20 active · 115 DOM
97877
sumpter
$350K
17 active · 66 DOM
97836
heppner
$275K
17 active · 171 DOM
97827
elgin
$433K
17 active · 49 DOM
97882
umatilla
$360K
16 active · 46 DOM
97820
canyon city
$495K
15 active · 124 DOM
97818
boardman
$352K
14 active · 102 DOM
97883
union
$387K
14 active · 106 DOM
97885
wallowa
$365K
13 active · 200 DOM
97875
stanfield
$265K
11 active · 109 DOM
97886
weston
$413K
10 active · 104 DOM
97868
pilot rock
$272K
9 active · 54 DOM
97867
north powder
$577K
8 active · 103 DOM
Sorted by active inventory · click a ZIP for its full report