Is Hammond, OR 97121 a buyer’s or seller’s market?
Hammond is a seller’s market. With about 1.9 months of supply and 20% 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.
The Hammond housing market right now
In the three months ending August 31, 2026, 20% of homes in Hammond, OR 97121 sold above their list price, the typical home went under contract in 41 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 25%, homes sold faster (43 days then) and the median sale price rose 18% to $592,244. Overall, Hammond is less competitive than a year ago, which gives buyers more room.
Within Clatsop County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Arch Cape 97102 (0% sold over asking) or Cannon Beach 97110 (5% sold over asking), while Astoria 97103 (25% sold over asking) is even more competitive.
Run the numbers for 97121
Nearby markets
Arch Cape 97102Seller’s market $397 /sq ftAstoria 97103Balanced $292 /sq ftCannon Beach 97110Balanced $624 /sq ftSeaside 97138Balanced $387 /sq ft Browse all markets →Towns like Hammond nearby
Find towns like Hammond in other states →Where Hammond is
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Questions about Hammond real estate
Is Hammond a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Hammond, OR 97121 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 Hammond?
The typical home went under contract in 41 days in the latest three months.
Do homes in Hammond sell over asking?
20% 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 Hammond?
About 0.69% of a home’s value a year in Clatsop County, or roughly $2,760 on a $400,000 home.
What is the median home price in Hammond?
The median sale price was $592,244 in the three months ending August 31, 2026, about $319 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