Nehalem, OR housing market
The typical Nehalem home is worth about $591,000, up 1% in a year, 19% above the Oregon typical home.
Home values, sales, trends and how Nehalem compares with the towns next door — updated as new data is published.
Nehalem at a glance
Typical home value, 2016–2026
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| January | Nehalem | Oregon |
|---|---|---|
| 2017 | $333,000 | $313,000 |
| 2018 | $355,000 | $337,000 |
| 2019 | $378,000 | $354,000 |
| 2020 | $387,000 | $369,000 |
| 2021 | $436,000 | $411,000 |
| 2022 | $563,000 | $480,000 |
| 2023 | $578,000 | $490,000 |
| 2024 | $594,000 | $495,000 |
| 2025 | $590,000 | $504,000 |
| 2026 | $597,000 | $500,000 |
| August 2026 | $591,000 | $496,000 |
No new homes permitted in 2012
No permits for new homes were issued in Nehalem in 2012. The last year with any was 2009 (1 new home).
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $213,000 |
| 2008 | 3 | 1 | 2 | $453,000 |
| 2007 | 8 | 8 | 0 | $966,000 |
| 2006 | 3 | 1 | 2 | $389,000 |
| 2005 | 8 | 8 | 0 | $1.2 million |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 1 | 1 | 0 | $70,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Nehalem's permit office didn't report to the Census in 2012, so the 2012 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
A two-bedroom rents for about $1,630
HUD's Fair Market Rent for a two-bedroom in Nehalem is $1,630 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,180 · 4 bedrooms $2,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97131; Clatsop County, OR), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.