31Alpha

Malheur County, OR Housing Market Brief

county · OR · score computed October 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%
●7
Inventory Health25%
●57

Population band 3 of 5 (population 20,431–39,126) · comparable within its band

Affordability20%
●12
Economic Strength20%
●54
Rental Yield15%
●12

Where is Malheur County, OR in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Malheur County, OR?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Malheur County, OR housing market data

MetricValueYoYSource
Median Sale Price$304K▼ -1.8%Redfin
Median Days on Market28 days▼ -47.2%Redfin
Months of Supply4.3▼ -27.1%Redfin
Homes for Sale71▼ -29%Redfin
Homes Sold16▼ -5.9%Redfin
Median Price / Sq Ft$190▲ +13.5%Redfin

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

Now: 31
2-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?

In the scores computed October 2026, Malheur County, OR is classified as a Buyer's Market, based on its Alpha Score of 31 out of 100. The classification reflects current price, building, 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 $304K, having fallen 1.8% over the past year, according to Redfin.

How affordable is Malheur County, OR?

Malheur County, OR scores 12 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 Price Momentum (7/100). 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.