Is McKenzie River, 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, McKenzie River was a Seller's Market.
Housing Prices in McKenzie River, OR
How much do homes in McKenzie River, OR cost?
Median Sold Price
$602,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in McKenzie River was $602,000 in March 2024, up 3.8% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $200K | -37.5% |
2 Bedrooms | $375.5K | $526.5K | +40.2% |
3 Bedrooms | $597.5K | $628.5K | +5.2% |
4 Bedrooms | $580K | $680.5K | +17.3% |
5+ Bedrooms | $850K | - | N/A |
Summary: McKenzie River housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 40.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Marcola | $605K | $639.6K | +5.7% |
McKenzie River | $580K | $602K | +3.8% |
Eugene-Springfield | $453.6K | $450.3K | -0.7% |
Housing Supply in McKenzie River, OR
How many homes are available in McKenzie River, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 58 | +1.8% |
Summary: The McKenzie River real estate market had 58 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 34 | 34 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The McKenzie River 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 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in McKenzie River in March 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for McKenzie River, OR
How long does it take to sell a home in McKenzie River, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
170 Days | 90 Days | -47.0% |
Summary: Homes in McKenzie River had an average of 90 days on market in Mar 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in McKenzie River; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.