Metropolitan market · Oregon · June 2026 data

Hermiston Real Estate Market

The Hermiston, OR housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Hermiston report in a click.

Median listing price
$351,213
▼ 5.5% YoY
Median $ / sq ft
$229
1,637 sq ft median
Median days on market
63
June 2026
Active listings
248
For sale now
New listings
90
June 2026
Listings with price cuts
22%
Share of active
Median sale price (closed)
$321,000
▲ 4.4% YoY · closed sales
Sale-to-list ratio
99.1%
Closed sales
Homes sold / month
66
Closed sales
Median listing price trend
$382K$373K$363K$353K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Hermiston OR · trailing 8 quarters · source: public records and industry data.

The 10-year view
$381K$339K$297K$255K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Hermiston OR · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
248
New this month
90
Pending
135
Price-reduced
53

As of June 2026, the median home listed in Hermiston, OR asks $351,213 — down 5.5% from a year ago. Homes are taking a median of 63 days to go under contract, and 22% of the 248 active listings have taken a price cut, which points to a balanced market. Figures cover the Hermiston-Pendleton, OR metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
35/100
#746 of 932 covered metros
12-month outlook
-4.3%
▼ Cooling · model output, not advice
Momentum
26
Value
51
Rental yield
29
Supply risk
82
Market heat
58

Hermiston scores 35/100 on our composite Investor Score (#746 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 128% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 5.5% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Hermiston ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,583/mo
−$180/mo vs today
At today's rate · 6.43%
$1,763/mo
National weekly average
If rates rise 1% · 7.43%
$1,951/mo
+$188/mo vs today

Principal & interest on the $351,213 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
264
▲ 0.8% vs 2024
2.9 per 1,000 residents
Net migration (2022–2023)
-97
▼ people, via tax-return records
net income flow −$13.3M/yr
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Client-ready report

Send a branded Hermiston market report to your clients.

Open report gallery
Find the best in Hermiston
Directory

Top agents in Hermiston

The producers moving the most volume in Hermiston.

View Directory

Top teams

The groups setting production records nationwide.

View Licensing

Get licensed in Oregon

Hours, exam and the commission that regulates Oregon agents.

Read Income

Agent salary in Oregon

What real estate agents actually earn across Oregon.

Read

Hermiston market FAQs

What is the median home price in Hermiston?
As of June 2026, the median listing price in Hermiston, OR is $351,213, down 5.5% year over year (source: public records and industry data). Figures cover the Hermiston-Pendleton, OR metro area.
How fast are homes selling in Hermiston?
The median property in Hermiston spends 63 days on the market, with 248 homes actively listed and 22% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Hermiston?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Hermiston and the wider Oregon market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Hermiston-Pendleton, OR metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.