Is Gervais, OR 97026 a buyer’s or seller’s market?
Gervais is a seller’s market. With about 2.4 months of supply and 37% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 60% of U.S. ZIP codes, and #54 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gervais housing market right now
In the three months ending August 31, 2026, 37% of homes in Gervais, OR 97026 sold above their list price, the typical home went under contract in 81 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold more slowly (57 days then) and the median sale price rose 15% to $469,697. Overall, Gervais is more competitive than a year ago, so tougher for buyers.
Within Marion County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell more often over asking than in 91%. On our competition score, Gervais ranks #54 of 170 OR ZIP codes with enough sales (score 58 out of 100).
Nearby, buyers who want less competition could look at Gates 97346 (0% sold over asking) or Detroit 97342 (0% sold over asking), while Donald 97020 (100% sold over asking) is even more competitive.
Run the numbers for 97026
Nearby markets
Aumsville 97325Seller’s market $327 /sq ftAurora 97002Seller’s market $339 /sq ftDetroit 97342Balanced $397 /sq ftDonald 97020Seller’s market $302 /sq ft Browse all markets →Towns like Gervais nearby
Find towns like Gervais in other states →Where Gervais is
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Questions about Gervais real estate
Is Gervais a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Gervais, OR 97026 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gervais?
The typical home went under contract in 81 days in the latest three months.
Do homes in Gervais sell over asking?
37% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Gervais?
About 0.84% of a home’s value a year in Marion County, or roughly $3,360 on a $400,000 home.
What is the median home price in Gervais?
The median sale price was $469,697 in the three months ending August 31, 2026, about $274 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology