Is Gleneden Beach, OR 97388 a buyer’s or seller’s market?
Gleneden Beach is a buyer’s market. With about 7.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gleneden Beach housing market right now
In the three months ending August 31, 2026, 0% of homes in Gleneden Beach, OR 97388 sold above their list price, the typical home went under contract in 43 days and there were 7.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 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 13%, homes sold more slowly (32 days then) and the median sale price rose 39% to $780,662. Overall, Gleneden Beach is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Blodgett 97326 (100% sold over asking) and Toledo 97391 (23% sold over asking) are even more competitive.
Run the numbers for 97388
Nearby markets
Blodgett 97326Seller’s market $304 /sq ftDepoe Bay 97341Buyer’s market $363 /sq ftEddyville 97343 — /sq ftLincoln City 97367Buyer’s market $350 /sq ft Browse all markets →Where Gleneden Beach is
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Questions about Gleneden Beach real estate
Is Gleneden Beach a buyer’s or seller’s market?
A buyer’s market: there were 7.8 months of supply in Gleneden Beach, OR 97388 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 Gleneden Beach?
The typical home went under contract in 43 days in the latest three months.
Do homes in Gleneden Beach sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Gleneden Beach?
About 0.81% of a home’s value a year in Lincoln County, or roughly $3,240 on a $400,000 home.
What is the median home price in Gleneden Beach?
The median sale price was $780,662 in the three months ending August 31, 2026, about $357 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