Hermiston, OR metro area Housing Market Brief
metro · OR · as of August 2026
What is Hermiston, OR metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Hermiston, OR metro area in its market cycle?
Hermiston, OR metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Hermiston, OR metro area?
Our model forecasts Hermiston, OR metro area’s home prices to rise about 4.3% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Hermiston, OR metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $338K | ▲ +1.9% |
| Median Days on Market | 65 days | ▲ +14% |
| Months of Supply | 3.3 | ▼ -13.2% |
| Homes for Sale | 284 | ▲ +1.8% |
| Homes Sold | 90 | ▲ +18.4% |
| Median Price / Sq Ft | $228 | ▲ +4.7% |
How has Hermiston, OR metro area’s Alpha Score moved?
Markets like Hermiston, OR metro area
- Elizabeth City, NC metro area, NCmetro48
- Vernal, UT metro area, UTmetro43
- Richmond, KY metro area, KYmetro36
- Jacksonville, TX metro area, TXmetro45
- Bardstown, KY metro area, KYmetro46
- Dover, DE metro area, DEmetro49
- Moses Lake, WA metro area, WAmetro35
- Pittsfield, MA metro area, MAmetro45
- Blackfoot, ID metro area, IDmetro44
- Rutland, VT metro area, VTmetro43
Frequently asked questions
Is Hermiston, OR metro area a buyer's or seller's market?
As of August 2026, Hermiston, OR metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Hermiston, OR metro area?
The median sale price in Hermiston, OR metro area is $338K, having risen 1.9% over the past year.
How affordable is Hermiston, OR metro area?
Hermiston, OR metro area scores 33 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Hermiston, OR metro area's Alpha Score?
Hermiston, OR metro area's strongest dimension is Price Momentum (58/100) and its weakest is Rental Yield (22/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Hermiston, OR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.