Is Pendleton, OR 97801 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Pendleton is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score39/ 100

More competitive than 38% of U.S. ZIP codes, and #114 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

Months of supply4.6Under 4 months = seller’s market
Sold above original list12.8%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$197▼ −0.7% vs. last year

The Pendleton housing market right now

In the three months ending August 31, 2026, 13% of homes in Pendleton, OR 97801 sold above their list price, the typical home went under contract in 30 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 48 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold about as fast and the median sale price fell 12% to $282,878. Overall, Pendleton is about as competitive as it was a year ago.

Within Umatilla County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Pendleton ranks #114 of 170 OR ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Pilot Rock 97868 (0% sold over asking) or Meacham 97859 (0% sold over asking), while Weston 97886 (40% sold over asking) and Hermiston 97838 (32% sold over asking) are even more competitive.

Nearby markets

Adams 97810Buyer’s market $222 /sq ftAthena 97813Seller’s market $154 /sq ftEcho 97826Buyer’s market $295 /sq ftHelix 97835 — /sq ft Browse all markets →

Where Pendleton is

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Questions about Pendleton real estate

Is Pendleton a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Pendleton, OR 97801 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 Pendleton?

The typical home went under contract in 30 days in the latest three months.

Do homes in Pendleton sell over asking?

13% 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 Pendleton?

About 0.90% of a home’s value a year in Umatilla County, or roughly $3,600 on a $400,000 home.

What is the median home price in Pendleton?

The median sale price was $282,878 in the three months ending August 31, 2026, about $197 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