Is Estacada, 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, Estacada was a Seller's Market.
Key Takeaway
Estacada is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Estacada, OR
How much do homes in Estacada, OR cost?
Median Sold Price
$524,900
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Estacada have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Estacada was $524,900 in March 2024, up 7.3% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $405K | +9.5% |
| 3 Bedrooms | $463K | $501.5K | +8.3% |
| 4 Bedrooms | $550K | $545K | -0.9% |
| 5+ Bedrooms | $592K | $710K | +19.9% |
Summary: Estacada housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 19.9%.
Housing Supply in Estacada, OR
How many homes are available in Estacada, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 105 | 106 | +1.0% |
Summary: The Estacada real estate market had 106 homes for sale in March 2024, a 1.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 46 | 47 | +2.2% |
| 4 Bedrooms | 47 | 46 | -2.1% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Estacada 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 100%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Estacada, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Estacada in March 2024, the same as the previous month. Of the 12 sold homes, 17% were sold under asking, 58% were sold at asking, and 25% were sold over asking.
Days on Market for Estacada, OR
How long does it take to sell a home in Estacada, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 139 Days | +182.8% |
Summary: Homes in Estacada had an average of 139 days on market in Mar 2024, up by 182.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Estacada are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 12 homes were sold in Estacada; 25% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.
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