Is Grand Ronde, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Grand Ronde has remained a Seller's Market.
Key Takeaway
Grand Ronde is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grand Ronde, OR
How much do homes in Grand Ronde, OR cost?
Median Sold Price
$500,000
$248/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Grand Ronde have sold for 51.5% more than they did a month ago.
Summary: The median home sold price in Grand Ronde was $500,000 in April 2024, up 51.5% from last month, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $275K | +5.8% |
| 3 Bedrooms | - | $500K | N/A |
| 4 Bedrooms | $400K | $635K | +58.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Grand Ronde housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 58.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Otis | $425K | $760K | +78.8% |
| Grand Ronde | $330K | $500K | +51.5% |
Housing Supply in Grand Ronde, OR
How many homes are available in Grand Ronde, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Grand Ronde real estate market had 6 homes for sale in April 2024, a 14.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Grand Ronde 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grand Ronde, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Grand Ronde in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Grand Ronde, OR
How long does it take to sell a home in Grand Ronde, OR?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 Days | 122 Days | +15.7% |
Summary: Homes in Grand Ronde had an average of 122 days on market in Apr 2024, up by 15.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Grand Ronde are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Grand Ronde; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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