Is Deer Island, OR 97054 a buyer’s or seller’s market?
Deer Island is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Deer Island housing market right now
In the three months ending August 31, 2026, 0% of homes in Deer Island, OR 97054 sold above their list price, the typical home went under contract in 40 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (21 days then) and the median sale price fell 14% to $554,760. Overall, Deer Island is less competitive than a year ago, which gives buyers more room.
Within Columbia County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Vernonia 97064 (36% sold over asking) and Columbia City 97018 (33% sold over asking) are even more competitive.
Run the numbers for 97054
Nearby markets
Clatskanie 97016Buyer’s market $232 /sq ftColumbia City 97018Buyer’s market $294 /sq ftRainier 97048Seller’s market $235 /sq ftSaint Helens 97051Seller’s market $269 /sq ft Browse all markets →Towns like Deer Island nearby
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Questions about Deer Island real estate
Is Deer Island a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Deer Island, OR 97054 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 Deer Island?
The typical home went under contract in 40 days in the latest three months.
Do homes in Deer Island sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What are property taxes in Deer Island?
About 0.74% of a home’s value a year in Columbia County, or roughly $2,960 on a $400,000 home.
What is the median home price in Deer Island?
The median sale price was $554,760 in the three months ending August 31, 2026, about $235 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