Housing in Cannon Beach
Cannon Beach's housing market runs genuinely expensive, fast-moving, and dominated by second-home and vacation-rental demand -- distinct from a typical full-time-resident housing market.
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Learn moreA real, wide, disclosed price spread
The average home value ran $932,323 (up 2.5% year-over-year), while median SOLD prices carried a real, disclosed spread of $845,000 to $1.2 million depending on the specific window and source -- both disclosed here rather than reconciled to one figure.
A genuinely fast-moving, supply-constrained market
The starter-home median ran $950,000 with 8.2% year-over-year appreciation, and homes moved to sale in an average of just 22 days -- a genuinely fast-moving market reflecting real, persistent demand against limited inventory.
A real, disclosed second-home-dominated housing stock
A real, disclosed 66% of Cannon Beach's housing units are second homes, and roughly 20% of those (approximately 200 permits) are registered short-term vacation rentals -- meaningfully shaping both pricing and the practical availability of housing for full-time residents.
Real, distinct tsunami-zone price effects
Academic research on the Oregon housing market found that a property inside the primary Cascadia Subduction Zone tsunami inundation zone sells for a real, disclosed 6.5%-8.5% less than an otherwise comparable property outside that zone -- a real, quantified consideration for any specific address under review.
Key takeaways
- Cannon Beach's home-value figures carry a real, disclosed spread ($845,000-$1.2 million median sold price) across sources.
- Homes moved to sale in around 22 days -- a genuinely fast-moving, supply-constrained market.
- A real, disclosed 66% of housing is second homes, meaningfully shaping pricing and full-time-resident availability.
- A property inside the primary tsunami inundation zone sells for a real, disclosed 6.5%-8.5% less than one outside it.
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