Is Vale, OR 97918 a buyer’s or seller’s market?
Vale is a seller’s market. With about 3.5 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Vale housing market right now
In the three months ending August 31, 2026, 0% of homes in Vale, OR 97918 sold above their list price, the typical home went under contract in 68 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (33 days then) and the median sale price rose 9% to $309,866. Overall, Vale is less competitive than a year ago, which gives buyers more room.
Nearby, Ontario 97914 (12% sold over asking) is even more competitive.
Run the numbers for 97918
Nearby markets
Adrian 97901 — /sq ftHarper 97906 — /sq ftJordan Valley 97910 $125 /sq ftNyssa 97913Buyer’s market $245 /sq ft Browse all markets →Towns like Vale nearby
Find towns like Vale in other states →Where Vale is
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Questions about Vale real estate
Is Vale a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Vale, OR 97918 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 Vale?
The typical home went under contract in 68 days in the latest three months.
Do homes in Vale sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Vale?
About 0.75% of a home’s value a year in Malheur County, or roughly $3,000 on a $400,000 home.
What is the median home price in Vale?
The median sale price was $309,866 in the three months ending August 31, 2026, about $219 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