Is Richland, OR 97870 a buyer’s or seller’s market?
Richland is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Richland housing market right now
In the three months ending August 31, 2026, 0% of homes in Richland, OR 97870 sold above their list price, the typical home went under contract in 49 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 faster (135 days then) and the median sale price rose 38% to $309,866. Overall, Richland is more competitive than a year ago, so tougher for buyers.
Within Baker County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Baker City 97814 (8% sold over asking) is even more competitive.
Run the numbers for 97870
Nearby markets
Baker City 97814Balanced $156 /sq ftDurkee 97905 $221 /sq ftHaines 97833Balanced $199 /sq ftHalfway 97834 — /sq ft Browse all markets →Where Richland is
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Questions about Richland real estate
Is Richland a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Richland, OR 97870 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 Richland?
The typical home went under contract in 49 days in the latest three months.
Do homes in Richland sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.
What are property taxes in Richland?
About 0.78% of a home’s value a year in Baker County, or roughly $3,120 on a $400,000 home.
What is the median home price in Richland?
The median sale price was $309,866 in the three months ending August 31, 2026, about $221 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