Is Walterville, OR 97489 a buyer’s or seller’s market?
Walterville is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Walterville housing market right now
In the three months ending August 31, 2026, 0% of homes in Walterville, OR 97489 sold above their list price, the typical home went under contract in 182 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (81 days then) and the median sale price fell 19% to $699,597. Overall, Walterville is less competitive than a year ago, which gives buyers more room.
Within Lane County, homes here sell more slowly than in 97% 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 97489
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 Walterville is
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Questions about Walterville real estate
Is Walterville a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Walterville, OR 97489 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 Walterville?
The typical home went under contract in 182 days in the latest three months.
Do homes in Walterville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Walterville?
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 Walterville?
The median sale price was $699,597 in the three months ending August 31, 2026, about $416 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