Is South Beach, OR 97366 a buyer’s or seller’s market?

The South Beach housing market right now

In the three months ending August 31, 2026, 10% of homes in South Beach, OR 97366 sold above their list price, the typical home went under contract in 64 days and there were 9.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold more slowly (19 days then) and the median sale price fell 41% to $437,311. Overall, South Beach is less competitive than a year ago, which gives buyers more room.

Within Lincoln County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Tidewater 97390 (0% sold over asking) or Gleneden Beach 97388 (0% sold over asking), while Blodgett 97326 (100% sold over asking) and Toledo 97391 (23% sold over asking) are even more competitive.