37Alpha

Malheur County, OR Housing Market Brief

county · OR · as of May 2026

Buyer's

What is Malheur County, OR’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-26.514
Inventory Health25%
+9.257
Affordability20%
11
Economic Strength20%
+3.154
Rental Yield15%
49

Where is Malheur County, OR in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Malheur County, OR is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Malheur County, OR housing market data

MetricValueYoY
Median Sale Price$253K-17%
Median Days on Market109 days-40.4%
Months of Supply3.7-9.8%
Homes for Sale70-13.6%
Homes Sold19-5%
Median Price / Sq Ft$194-0.1%
Sale-to-List Ratio95.1%-4.7%

How has Malheur County, OR’s Alpha Score moved?

Now: 37
3-period trend
Median sale price · 12 mo

Markets like Malheur County, OR

Frequently asked questions

Is Malheur County, OR a buyer's or seller's market?

As of May 2026, Malheur County, OR is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Malheur County, OR?

The median sale price in Malheur County, OR is $253K, having fallen 17% over the past year.

How affordable is Malheur County, OR?

Malheur County, OR scores 11 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Malheur County, OR's Alpha Score?

Malheur County, OR's strongest dimension is Inventory Health (57/100) and its weakest is Affordability (11/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Malheur County, OR? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.