Siletz's real estate market is currently hot with low inventory and high demand. The median home price in Siletz currently stands at $357,400. At the current pace, all available homes in Siletz would sell out in just 0.5 months, indicating a continued supply shortage. Properties are selling within just 13 days on average, much faster than the historical norm of 62 days. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Siletz market with the affordability index at 1666.2. Looking ahead, the Siletz market is expected to maintain its current trajectory with relatively stable conditions.