Is Churchill, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Churchill has remained a Seller's Market.
Key Takeaway
Churchill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Churchill, OR
How much do homes in Churchill, OR cost?
Median Sold Price
$528,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Churchill have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Churchill was $528,000 in April 2024, up 8.9% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $207K | -5.9% |
| 2 Bedrooms | $279K | $349.9K | +25.4% |
| 3 Bedrooms | $455.5K | $485K | +6.5% |
| 4 Bedrooms | $629K | $625K | -0.6% |
| 5+ Bedrooms | $726.2K | $872.2K | +20.1% |
Summary: Churchill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 20.1%.
Housing Supply in Churchill, OR
How many homes are available in Churchill, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 50 | -15.3% |
Summary: The Churchill real estate market had 50 homes for sale in April 2024, a 15.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 31 | 26 | -16.1% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Churchill 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 decreased by 30.8%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Churchill, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Churchill in April 2024, up by 12.5% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% were sold over asking.
Days on Market for Churchill, OR
How long does it take to sell a home in Churchill, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 36 Days | +4.4% |
Summary: Homes in Churchill had an average of 36 days on market in Apr 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Churchill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Churchill; 78% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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