Is Marcola, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Marcola has remained a Buyer's Market.
Housing Prices in Marcola, OR
How much do homes in Marcola, OR cost?
Median Sold Price
$475,000
$432/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Marcola was $475,000 in May 2024, down 5% from last month, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $475K | N/A |
3 Bedrooms | $600K | $524.9K | -12.5% |
4 Bedrooms | $400K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Marcola housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Marcola, OR
How many homes are available in Marcola, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Summary: The Marcola real estate market had 25 homes for sale in May 2024, a 19.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 13 | 16 | +23.1% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Marcola housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Marcola in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Marcola, OR
How long does it take to sell a home in Marcola, OR?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 Days | 52 Days | +105.2% |
Summary: Homes in Marcola had an average of 52 days on market in May 2024, up by 105.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Marcola; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.