Is Gearhart a buyer's or seller's market right now?

Gearhart is currently a balanced market with 3.7 months of supply. 66.7% of homes sell above asking price, and 40% go pending within two weeks. The Ridley Sell Score for Gearhart is 57/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Gearhart?

The median home price in Gearhart is $514,000, down 53.3% year-over-year. The median price per square foot is $304. Homes sell in a median of 10 days with a sale-to-list ratio of 101.4%.

How much does it cost to sell a home in Gearhart, Oregon?

On a $514,000 home in Gearhart, a traditional listing agent charges around $15,420 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $41,120 or more. With Ridley Essentials ($999) you save $14,421, and with Ridley Pro ($3,499) you save $11,921 while getting full agent support.

How does Ridley's flat fee compare to a traditional Gearhart agent?

A traditional Gearhart listing agent typically charges 3% of the sale price — about $15,420 on a $514,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $14,421–$11,921 compared to a traditional agent.

How long does it take to sell a home in Gearhart?

The median home in Gearhart currently spends 10 days on the market before going under contract, down 9% from last year. 40% of homes go pending within two weeks. At a 101.4% sale-to-list ratio, sellers are getting very close to or above asking price. Only 45.5% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Oregon?

No. Oregon does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $514,000 home, that could save you up to $11,921.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Oregon. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $15,420 commission.

National/Oregon

Gearhart, OR

Is Now a Good Time to Sell in Gearhart, Oregon?

The median home in Gearhart sells for $514,000 with prices down 53.3% year-over-year. The average seller pays $15,420 in commissions — Ridley’s flat fee saves you $11,921.

Gearhart Real Estate Market Conditions — April 2026

57out of 100

Ridley Sell Score

How it's scored →

Moderate

57/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Gearhart market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

3.7 months of supply — near the balanced threshold of 5 months. Oregon average is 3.3.

Price MomentumFavors buyers

Prices down 53.3% year-over-year — vs. +2.5% statewide.

Seller LeverageFavors sellers

Homes selling at 101.4% of asking — sellers are getting 1.4% above list on average. Oregon average is 96.8%.

Bidding ActivityFavors sellers

66.7% of homes selling above list price — 266% above the Oregon average of 18.2%.

Sale SpeedFavors sellers

10 median days on market — 101 days faster than the Oregon average.

Market UrgencyFavors sellers

40% of listings go pending within 2 weeks — vs. 20.2% statewide.

Price StabilityFavors buyers

45.5% of listings have dropped their price — accurate initial pricing is critical. Oregon average is 19.8%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$514,000

-53.3%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-9%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$304

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

101.4%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

3.7

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

66.7%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

45.5%

Price carefully

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

40%

Moderate pace

12-Month Price Trend

$507,500 → $514,000

▲1.3%

$800K$700K$600K$500K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Gearhart — delivered monthly.

Your savings

How much can you save selling your home in Gearhart?

The average Gearhart homeowner saves $11,921 by selling with Ridley instead of paying the traditional 3% listing commission on a $514,000 home.

$0Estimated savings

That's a dream family vacation — save 2.3% of your home value

Your Gearhart home value

$514,000

$50,000$10M

Traditional Agent (3%)

$15,420

Ridley Pro (flat fee)

$3,499

Ready to sell in Gearhart?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Gearhart?

The total cost to sell a house in Gearhart in 2026 ranges from $999 with Ridley Essentials to approximately $15,420 with a traditional 3% commission on a $514,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$15,420	$3,499	$999	$0
Buyer agent	$14,3922.8% avg	$10,280~2% avg	$10,280~2% avg	$14,3922.8% avg
Closing costs (~1.5%)	$7,710	$7,710	$7,710	$7,710
Total cost	$37,522	$21,489	$18,989	$22,102
Net proceeds	$476,478	$492,511	$495,011	$491,898
You save	—	$16,033	$18,533	$15,420No support