Is Myrtle Creek, OR 97457 a buyer’s or seller’s market?
Myrtle Creek is a buyer’s market. With about 6.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 7% of U.S. ZIP codes, and #160 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 Myrtle Creek housing market right now
In the three months ending August 31, 2026, 0% of homes in Myrtle Creek, OR 97457 sold above their list price, the typical home went under contract in 56 days and there were 6.6 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 20 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold faster (69 days then) and the median sale price rose 3% to $309,866. Overall, Myrtle Creek is less competitive than a year ago, which gives buyers more room.
Within Douglas County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Myrtle Creek ranks #160 of 170 OR ZIP codes with enough sales (score 14 out of 100).
Nearby, Glendale 97442 (100% sold over asking) and Idleyld Park 97447 (100% sold over asking) are even more competitive.
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Nearby markets
Azalea 97410Buyer’s market $285 /sq ftCamas Valley 97416 — /sq ftCanyonville 97417Buyer’s market $269 /sq ftDays Creek 97429Seller’s market $234 /sq ft Browse all markets →Towns like Myrtle Creek nearby
Find towns like Myrtle Creek in other states →Where Myrtle Creek is
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Questions about Myrtle Creek real estate
Is Myrtle Creek a buyer’s or seller’s market?
A buyer’s market: there were 6.6 months of supply in Myrtle Creek, OR 97457 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 Myrtle Creek?
The typical home went under contract in 56 days in the latest three months.
Do homes in Myrtle Creek sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Myrtle Creek?
About 0.61% of a home’s value a year in Douglas County, or roughly $2,440 on a $400,000 home.
What is the median home price in Myrtle Creek?
The median sale price was $309,866 in the three months ending August 31, 2026, about $250 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