Photo: Meronim · CC BY-SA 3.066 homes sold in Gearhart in the last year, at a typical $635K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gearhart homes are listed.
Every place Gearhart homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Gearhart.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Gearhart’s sales are condos, at $177K less than a house
48 houses and 16 condos sold in the year to May 2026. Houses draw more bidding wars.
typical sale · 48 sold in the year to May 2026
- Per square foot
- $372OR $296
- Days to sell
- 73
- Sold over asking
- 21%
- Listings with a price cut
- 33%
typical sale · 16 sold in the year to May 2026
- Per square foot
- $441OR $316
- Days to sell
- 76
- Sold over asking
- 6%
- Listings with a price cut
- 33%
Multi-family (2–4 units): 3 sold, typical $642K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
66 sales in the last year, against 106 in 2019 and a low of 48 in 2024. The typical sale went from $359K in 2016 to $635K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $650K buys in Gearhart
Check a listing against what Gearhart homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Gearhart are back to pre-pandemic levels, but 54% fewer homes come up for sale
We read every month of Gearhart’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 66 sales.
If you’re buying in Gearhart
- Shop in June. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
- Offer under asking. Buyers paid 97.2% of the list price on average; 10% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 58 days.
Spring brings the homes; winter brings the bidding wars
May has the most new listings (about 13 a month), but January is the most competitive: 27% of January sales close over asking. November has the least competition (11%) but only about 5 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Oregon
| Gearhart now | 2017–19 | 2021 peak | OR now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 10% | 14% | 51% | 23% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 2% | 52% | 31% |
| Price paid vs. askingAverage sale price ÷ list price | 97.2% | 97.5% | 101.5% | 98.7% |
| Days to sellMedian days from listing to contract | 58 | 129 | 22 | 49 |
22 homes for sale on a typical day
That’s 2.2 times the 2021 low (10), 54% fewer than in 2017–19 and well under 2016’s 58.
Since 2019, houses are up 57%, condos 56%
A house typically sold for $668K in the year to May 2026 (48 sales), a condo for $491K (16).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Gearhart ranks 106th of 116 busy Oregon markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Gearhart is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Gearhart home costs about $3,642 a month
Price: Gearhart’s typical sale, last 12 months. Property tax at Gearhart’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gearhart is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $635K home, about $3,950 a year.
Taxes vs. neighborsSchools
The schools grade for Gearhart, from test results, graduation and how much students grow.
Schools in GearhartTypical commute
The average one-way trip to work for people who live in Gearhart.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Seaside, Warrenton, Astoria and Bayside Gardens sell for less a square foot; Cannon Beach and Manzanita for far more
The busier markets within 25 miles of Gearhart, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Seaside | 136 | $515K | $346 | 16% | 53 |
| Astoria | 130 | $507K | $281 | 21% | 35 |
| Warrenton | 85 | $471K | $296 | 21% | 72 |
| Cannon Beach | 69 | $1M | $648 | 11% | 53 |
| Gearhart | 66 | $635K | $379 | 10% | 58 |
| Manzanita | 47 | $879K | $528 | 24% | 40 |
| Bayside Gardens | 24 | $611K | $363 | 4% | 68 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Gearhart, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gearhart. People who follow the town see it, and so do people comparing Gearhart with their own town. No commission, no listing fee.
Questions about buying a home in Gearhart
What do homes sell for in Gearhart, OR?
66 homes sold in the year to September 2026 at a typical $635K, $379 a square foot. Houses sold for about $668K, condos for about $491K in the year to May 2026.
Is Gearhart a buyer’s or seller’s market?
A balanced market: 32 homes were for sale in September 2026 and 7 sold, about 4.6 months of supply. Buyers paid 97.2% of asking on average.
When is the best time to buy in Gearhart?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Gearhart?
About 0.6% of a home’s value a year. On a $635K home that’s near $3,950.
Where can I see homes for sale in Gearhart?
Zillow, Redfin, Realtor.com and Homes.com all carry Gearhart’s MLS listings; the search links above open each one filtered to Gearhart.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).