Is Marcola, 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, Marcola was a Seller's Market.
Housing Prices in Marcola, OR
How much do homes in Marcola, OR cost?
Median Sold Price
$639,650
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Marcola was $639,650 in March 2024, up 5.7% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $487.5K | $410K | -15.9% |
3 Bedrooms | $670K | $666K | -0.6% |
4 Bedrooms | $710K | $800K | +12.7% |
5+ Bedrooms | $569.9K | $575K | +0.9% |
Summary: Marcola 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 decreased by 15.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
Marcola | $605K | $639.6K | +5.7% |
Springfield | $400K | $420.4K | +5.1% |
McKenzie River | $580K | $602K | +3.8% |
Eugene-Springfield | $453.6K | $450.3K | -0.7% |
Housing Supply in Marcola, OR
How many homes are available in Marcola, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Summary: The Marcola real estate market had 25 homes for sale in March 2024, a 3.8% decrease 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 | 5 | 3 | -40.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marcola 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 decreased by 40%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Marcola in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Marcola, OR
How long does it take to sell a home in Marcola, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
125 Days | 15 Days | -87.6% |
Summary: Homes in Marcola had an average of 15 days on market in Mar 2024, down by 87.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Marcola; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.