Is Creswell, OR 97426 a buyer’s or seller’s market?
Creswell is a seller’s market. With about 2.3 months of supply and 19% 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.
More competitive than 64% of U.S. ZIP codes, and #47 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Creswell housing market right now
In the three months ending August 31, 2026, 19% of homes in Creswell, OR 97426 sold above their list price, the typical home went under contract in 29 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold more slowly (24 days then) and the median sale price rose 8% to $479,792. Overall, Creswell is about as competitive as it was a year ago.
Within Lane County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Creswell ranks #47 of 170 OR ZIP codes with enough sales (score 62 out of 100).
Nearby, buyers who want less competition could look at Westlake 97493 (0% sold over asking) or Westfir 97492 (0% sold over asking), while Blachly 97412 (100% sold over asking) and Elmira 97437 (50% sold over asking) are even more competitive.
Run the numbers for 97426
Nearby markets
Blachly 97412 $268 /sq ftBlue River 97413Balanced $312 /sq ftCheshire 97419Seller’s market $255 /sq ftCottage Grove 97424Seller’s market $275 /sq ft Browse all markets →Towns like Creswell nearby
Find towns like Creswell in other states →Where Creswell is
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Questions about Creswell real estate
Is Creswell a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Creswell, OR 97426 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 Creswell?
The typical home went under contract in 29 days in the latest three months.
Do homes in Creswell sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Creswell?
About 0.82% of a home’s value a year in Lane County, or roughly $3,280 on a $400,000 home.
What is the median home price in Creswell?
The median sale price was $479,792 in the three months ending August 31, 2026, about $284 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