ZIP 97341 Housing Market & Real Estate Update (Depoe Bay, OR) — February 22, 2026

ZIP 97341 centers on Depoe Bay in Lincoln County, Oregon. Here is a quick, locally focused real estate pulse you can use to gauge pricing, inventory, and negotiating leverage.

Top takeaways

• Prices cooled year over year: Redfin shows a $450,000 median sold price in January 2026 for ZIP 97341 (down 14.0% YoY).
• Homes are taking longer to move: Redfin shows 72 median days on market in January (vs 48 last year).
• Shoppers have choices: major portals are showing roughly 100+ active listings in/near 97341, with a wide spread by property type and view.

Market snapshot (latest closed-sales data)

Redfin characterizes the 97341 market as somewhat competitive. In January 2026, the ZIP’s median sale price was $450K, and the median sale price per square foot was $308. Sales volume was modest but steady, with 17 homes sold in the month.

Inventory check (what buyers see today)

On the active side, Realtor.com’s 97341 search currently shows a median listing home price around $489,000 and about 103 active homes, with listings spending roughly 118 days on market on average. A separate Realtor.com ZIP market page shows about 112 active listings and a median home sale price near $439,990, reinforcing that the market has both higher-end coastal inventory and more negotiable listings that sit longer.

What’s for sale nearby (no-address examples)

• Entry-level coastal options: portal searches in 97341 show inventory in roughly the high $300Ks to $600Ks depending on size, HOA (if any), and condition.
• Ocean-view premium: there are also active offerings pushing into the $700K to $1M+ range where views, recent remodels, and larger footprints drive pricing.
• Land/build opportunities: if you’re comparing lots to existing homes, be extra careful about utilities, slope, drainage, and coastal constraints before backing into a construction budget.

Rates, rentals, and repairs: practical notes for this week

Even without a major new local zoning headline today, affordability is still being set by three things: (1) mortgage-rate sensitivity, (2) insurance/maintenance realities for coastal homes, and (3) how long a property has been sitting (longer market time can create room for credits). If you’re buying, pay close attention to roofs, siding, moisture control, and deferred maintenance items that can be more expensive in coastal environments.

ServiceXTC local pros (directory note)

ServiceXTC’s directory does not currently have enough verified provider pages tagged specifically to ZIP 97341 for us to confidently feature 3–5 local pros in this daily feed yet. Local inspectors, roofers, electricians, plumbers, and remodelers can add a listing to help Depoe Bay-area homeowners find you.

Question for locals: Are you seeing more price cuts in 97341, or are the best-located homes still selling close to ask?

Sources

https://www.redfin.com/zipcode/97341/housing-market
https://www.realtor.com/realestateandhomes-search/97341
https://www.realtor.com/local/market/oregon/zipcode-97341
https://www.zillow.com/depoe-bay-or-97341/
https://en.wikipedia.org/wiki/Depoe_Bay%2C_Oregon