Is Astoria, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Astoria was a Neutral Market.
Key Takeaway
Astoria is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Astoria, OR
How much do homes in Astoria, OR cost?
Median Sold Price
$466,950
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Astoria have sold for 11.1% less than they did a year ago.
Summary: The median home sold price in Astoria was $466,950 in March 2024, down 11.1% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $398.9K | $357K | -10.5% |
| 2 Bedrooms | $428K | $440K | +2.8% |
| 3 Bedrooms | $549K | $460K | -16.2% |
| 4 Bedrooms | $589.5K | $527.5K | -10.5% |
| 5+ Bedrooms | $662.5K | $582.5K | -12.1% |
Summary: Astoria housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 12.1%.
Housing Supply in Astoria, OR
How many homes are available in Astoria, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 87 | +7.4% |
Summary: The Astoria real estate market had 87 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 38 | 41 | +7.9% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Astoria housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 1 | -88.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Astoria, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Astoria in March 2024, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Astoria, OR
How long does it take to sell a home in Astoria, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 95 Days | 10 Days | -89.5% |
Summary: Homes in Astoria had an average of 10 days on market in Mar 2024, down by 89.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Astoria are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Astoria; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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