09/15/2026
🏡 Summary of the Reedsport Market Report (Sept 15, 2026)
Overall Market Position
Reedsport is currently in a Slight Buyer’s Advantage, with the Market Action Index at 28, unchanged from last month.
“This week the median list price… is $374,777… market action index hovering around 28.”
“Slight Buyer’s Advantage.”
Inventory has climbed to 33 homes, which is a meaningful increase for a small market.
Pricing & Activity
Median List Price: $374,777
Median Price of New Listings: $461,888 (new listings are coming in significantly higher)
Price per Sq. Ft.: $249
Median Rent: $1,635
Price reductions are high:
“Price Decreased: 48%”
This signals sellers are adjusting expectations downward.
Days on Market
Average DOM: 79
Median DOM: 56
Homes are taking two to three months to sell on average—typical for a cooling market.
Market Narrative
The report states:
“Home sales have been exceeding new inventory… however because of excess inventory, prices have not yet stopped falling.”
“Expect prices to level off soon… potentially resume their climb.”
This is the key insight: Demand is present, but inventory is still too high to support price growth.
Market Segments
The four quartiles show a wide spread:
Segment Median Price Beds/Baths DOM Notes
Top 25% $795,000 4 / 2.5 70 Larger acreage homes; 2 absorbed
Upper-mid $429,500 3 / 2 77 No absorption
Lower-mid $346,950 3 / 2 45 Faster-moving
Entry-level $272,000 2 / 1.3 31 Fastest-moving segment
Lower-priced homes are selling much faster, confirming affordability-driven demand.