Is Yamhill, OR 97148 a buyer’s or seller’s market?
Yamhill is a seller’s market. With about 3.5 months of supply and 0% 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 Yamhill housing market right now
In the three months ending August 31, 2026, 0% of homes in Yamhill, OR 97148 sold above their list price, the typical home went under contract in 33 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (68 days then) and the median sale price fell 4% to $549,762. Overall, Yamhill is less competitive than a year ago, which gives buyers more room.
Within Yamhill County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sheridan 97378 (36% sold over asking) and Dundee 97115 (29% sold over asking) are even more competitive.
Run the numbers for 97148
Nearby markets
Amity 97101Buyer’s market $258 /sq ftCarlton 97111Balanced $314 /sq ftDayton 97114Balanced $272 /sq ftDundee 97115Seller’s market $336 /sq ft Browse all markets →Towns like Yamhill nearby
Find towns like Yamhill in other states →Where Yamhill is
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Questions about Yamhill real estate
Is Yamhill a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Yamhill, OR 97148 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 Yamhill?
The typical home went under contract in 33 days in the latest three months.
Do homes in Yamhill sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Yamhill?
About 0.73% of a home’s value a year in Yamhill County, or roughly $2,920 on a $400,000 home.
What is the median home price in Yamhill?
The median sale price was $549,762 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