Is Vida, OR 97488 a buyer’s or seller’s market?
Vida is a buyer’s market. With about 13.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Vida housing market right now
In the three months ending August 31, 2026, 0% of homes in Vida, OR 97488 sold above their list price, the typical home went under contract in 51 days and there were 13.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (29 days then) and the median sale price fell 20% to $361,843. Overall, Vida is less competitive than a year ago, which gives buyers more room.
Within Lane County, homes here sell more slowly than in 68% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Blachly 97412 (100% sold over asking) and Elmira 97437 (50% sold over asking) are even more competitive.
Run the numbers for 97488
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 →Where Vida is
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Questions about Vida real estate
Is Vida a buyer’s or seller’s market?
A buyer’s market: there were 13.9 months of supply in Vida, OR 97488 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 Vida?
The typical home went under contract in 51 days in the latest three months.
Do homes in Vida sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Vida?
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 Vida?
The median sale price was $361,843 in the three months ending August 31, 2026, about $252 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