Is Milton-Freewater, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Milton-Freewater was a Buyer's Market.
Housing Prices in Milton-Freewater, OR
How much do homes in Milton-Freewater, OR cost?
Median Sold Price
$283,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Milton-Freewater was $283,000 in February 2024, up 2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $158.2K | +13.0% |
2 Bedrooms | $248.5K | $245K | -1.4% |
3 Bedrooms | $280K | $285K | +1.8% |
4 Bedrooms | $305K | $294.5K | -3.4% |
5+ Bedrooms | $389.5K | - | N/A |
Summary: Milton-Freewater housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.
Housing Supply in Milton-Freewater, OR
How many homes are available in Milton-Freewater, OR?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Summary: The Milton-Freewater real estate market had 32 homes for sale in February 2024, a 11.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 20 | 17 | -15.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Milton-Freewater housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Milton-Freewater in February 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Milton-Freewater, OR
How long does it take to sell a home in Milton-Freewater, OR?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 100 Days | +75.7% |
Summary: Homes in Milton-Freewater had an average of 100 days on market in Feb 2024, up by 75.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in Milton-Freewater; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.