Is Millersburg, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millersburg is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Millersburg was a Buyer's Market.

Key Takeaway

Millersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Millersburg, OR

How much do homes in Millersburg, OR cost?

Median Sold Price

$634,000

$320/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$16,000(-2.5%)

Key Takeaway

Homes in Millersburg have sold for 2.5% less than they did a month ago.

Summary: The median home sold price in Millersburg was $634,000 in April 2024, down 2.5% from last month, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$634K
N/A
4 $650K-
N/A
5+ --
N/A

Summary: Millersburg 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Millersburg, OR

How many homes are available in Millersburg, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The Millersburg real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 43
-25.0%
5+ 00
0.0%

Summary: The Millersburg 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 increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millersburg, 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 Millersburg in April 2024, up by 200.0% 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 Millersburg, OR

How long does it take to sell a home in Millersburg, OR?

Average Sale Time

Mar 2024Apr 2024CHANGE
35 Days7 Days-80.0%

Summary: Homes in Millersburg had an average of 7 days on market in Apr 2024, down by 80% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Millersburg are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Millersburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Millersburg, OR

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