Is Coast Range, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coast Range is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Coast Range was a Neutral Market.

Key Takeaway

Coast Range is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Coast Range, OR

How much do homes in Coast Range, OR cost?

Median Sold Price

$610,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,000(+0.8%)

Key Takeaway

Homes in Coast Range have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Coast Range was $610,000 in March 2024, up 0.8% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $287.5K$438.9K
+52.7%
2 $400K$630K
+57.5%
3 $590K$475K
-19.5%
4 $665K$685K
+3.0%
5+ $800K$599K
-25.1%

Summary: Coast Range housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.7%, 2 bedroom homes increased by 57.5%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 25.1%.

Median Sold Price Compared To Nearby Cities

Banks
+14.1%
Forest Grove-Cornelius
+1.7%
Coast Range
+0.8%

Housing Supply in Coast Range, OR

How many homes are available in Coast Range, OR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4138-7.3%

Summary: The Coast Range real estate market had 38 homes for sale in March 2024, a 7.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2219
-13.6%
4 1516
+6.7%
5+ 10
-100.0%

Summary: The Coast Range 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 remained the same, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coast Range, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Coast Range in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Coast Range, OR

How long does it take to sell a home in Coast Range, OR?

Average Sale Time

Mar 2023Mar 2024CHANGE
69 Days104 Days+51.2%

Summary: Homes in Coast Range had an average of 104 days on market in Mar 2024, up by 51.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Coast Range are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in Coast Range; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 26 Days Ago

Newest Listings in Coast Range, OR

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