Is Beaumont-Wilshire, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaumont-Wilshire is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Beaumont-Wilshire has remained a Seller's Market.

Key Takeaway

Beaumont-Wilshire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Beaumont-Wilshire, OR

How much do homes in Beaumont-Wilshire, OR cost?

Median Sold Price

$807,300

$337/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,300(+7.6%)

Key Takeaway

Homes in Beaumont-Wilshire have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Beaumont-Wilshire was $807,300 in April 2024, up 7.6% from last year, and the median price per square foot was $337.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$435K
N/A
2 $591K$525K
-11.2%
3 $700K$757.5K
+8.2%
4 $835K$870K
+4.2%
5+ $1.2M$1.2M
+4.2%

Summary: Beaumont-Wilshire housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 4.2%.

Housing Supply in Beaumont-Wilshire, OR

How many homes are available in Beaumont-Wilshire, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3028-6.7%

Summary: The Beaumont-Wilshire real estate market had 28 homes for sale in April 2024, a 6.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 1816
-11.1%
4 53
-40.0%
5+ 45
+25.0%

Summary: The Beaumont-Wilshire housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaumont-Wilshire, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Beaumont-Wilshire in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.

Days on Market for Beaumont-Wilshire, OR

How long does it take to sell a home in Beaumont-Wilshire, OR?

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days20 Days+122.4%

Summary: Homes in Beaumont-Wilshire had an average of 20 days on market in Apr 2024, up by 122.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beaumont-Wilshire are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in Beaumont-Wilshire; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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