Is Concordia, 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, Concordia has remained a Seller's Market.
Housing Prices in Concordia, OR
How much do homes in Concordia, OR cost?
Median Sold Price
$649,500
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Concordia was $649,500 in April 2024, up 8.4% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $222.4K | $265K | +19.1% |
2 Bedrooms | $470K | $540K | +14.9% |
3 Bedrooms | $620K | $640K | +3.2% |
4 Bedrooms | $749K | $720K | -3.9% |
5+ Bedrooms | $804K | $777.5K | -3.3% |
Summary: Concordia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in Concordia, OR
How many homes are available in Concordia, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 39 | +18.2% |
Summary: The Concordia real estate market had 39 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Concordia 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 57.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 13 | +85.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Concordia in April 2024, up by 85.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for Concordia, OR
How long does it take to sell a home in Concordia, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 15 Days | -79.5% |
Summary: Homes in Concordia had an average of 15 days on market in Apr 2024, down by 79.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Concordia; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.