Is Hermiston, OR a buyer's market or a seller's market?
Hermiston, OR is a balanced market right now. There are 228 homes for sale, and at the current pace of sales it would take about 3.5 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Hermiston, OR sits at 3.5.
Buyers and sellers are about evenly matched right now. The typical home took 41 days to go under contract, and 23% of sales closed above the asking price.
Source: Redfin's published market data for the Hermiston, OR area, through May 2026.
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More about the Hermiston, OR market
- When is the best month to sell a house in Hermiston, OR?
- How long does it take to sell a house in Hermiston, OR?
- Do homes sell above asking price in Hermiston, OR?
- Are home prices going up or down in Hermiston, OR?
- How many homes are for sale in Hermiston, OR?
- All Hermiston, OR housing numbers
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Figures come from Redfin's published market data for the Hermiston, OR area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.