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Is Enterprise, OR 97828 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Enterprise is a buyer’s market. With about 13.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply13.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market84Listing to accepted offer
Median price per sq ft$231▲ +13.1% vs. last year

The Enterprise housing market right now

In the three months ending August 31, 2026, 0% of homes in Enterprise, OR 97828 sold above their list price, the typical home went under contract in 84 days and there were 13.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (68 days then) and the median sale price held steady to $396,928. Overall, Enterprise is less competitive than a year ago, which gives buyers more room.

Nearby, Joseph 97846 (14% sold over asking) is even more competitive.

Run the numbers for 97828

Prefilled for 97828Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97828Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Imnaha 97842 — /sq ftJoseph 97846Balanced $341 /sq ftLostine 97857 — /sq ftWallowa 97885Balanced $234 /sq ft Browse all markets →

Towns like Enterprise nearby

Find towns like Enterprise in other states →
Halfway, OR97834 · 38 miles away69% similarcheaper homes ($31K less) · smaller La Grande, OR97850 · 39 miles away67% similarcheaper homes ($99K less) · larger Joseph, OR97846 · 7 miles away60% similarsmaller · older residents Wallowa, OR97885 · 15 miles away60% similarsmaller · 9 min longer commute

Where Enterprise is

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Questions about Enterprise real estate

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

A buyer’s market: there were 13.3 months of supply in Enterprise, OR 97828 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 Enterprise?

The typical home went under contract in 84 days in the latest three months.

Do homes in Enterprise sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Enterprise?

About 0.57% of a home’s value a year in Wallowa County, or roughly $2,280 on a $400,000 home.

What is the median home price in Enterprise?

The median sale price was $396,928 in the three months ending August 31, 2026, about $231 per square foot.

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Wallowa County property taxesWallowa County loan limitsClosing costs in OregonHottest ZIP codes in Oregon
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology