Keizer Real Estate Market Report – May 2025
Well, well, well—Keizer’s May 2025 housing market showed us that real estate doesn’t always move in one direction. It was a month of mixed messages, but we’ve got you covered with what it really means if you’re planning to buy or sell this summer.
Let’s start with the good news for sellers: the median sales price held steady at $475,000—a solid number that’s 0% higher than last May. That’s about as steady as you can get.
Now for the curveball: closed sales were down 25.8% year-over-year. That’s a noticeable drop, and it tells us that while homes are still fetching good prices, fewer are crossing the finish line. Why? Buyers are only buying good, ready-to-go homes. The rest they are casting aside and waiting.
At the same time, new listings rose 2.3%, and active inventory grew by 0% (year over year) but 2.7% month over month. More choices for buyers is always a good thing—but with median days on market ticking up to 50, it’s clear homes aren’t flying off the shelf like they were in 2022.
And here’s something sellers should know: the average seller received 99.8% of their list price. That’s nearly full asking—proof that properly priced homes are still closing strong.
One stat that might raise eyebrows? Months of supply rose to 3.3, nearly double from last year. That hints at a more balanced market—not quite a buyer’s market, but certainly not the feeding frenzy of previous years.
What does it all mean?
If you’re a tech-savvy buyer, you’ve got more homes to choose from and a bit more leverage. If you’re a retiree ready to sell, your home value is likely sitting pretty—but expect it to take a little longer to sell unless you nail that pricing strategy.
Whether you’re buying or selling, Keizer’s market is steady, but shifting—so strategy matters more than ever.
This data came from the WVMLS and from Altos.