Is Otis, OR 97368 a buyer’s or seller’s market?

The Otis housing market right now

In the three months ending August 31, 2026, 13% of homes in Otis, OR 97368 sold above their list price, the typical home went under contract in 69 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (47 days then) and the median sale price rose 123% to $518,776. Overall, Otis is more competitive than a year ago, so tougher for buyers.

Within Lincoln County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.

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.