Is North Bend, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Bend has remained a Seller's Market.
Housing Prices in North Bend, OR
How much do homes in North Bend, OR cost?
Median Sold Price
$372,500
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Bend was $372,500 in April 2024, up 0.7% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152K | $210K | +38.2% |
2 Bedrooms | $275K | $275K | 0.0% |
3 Bedrooms | $375K | $399K | +6.4% |
4 Bedrooms | $410K | $470K | +14.6% |
5+ Bedrooms | $525K | $437K | -16.8% |
Summary: North Bend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Cities
Coos Bay | $323.8K | $330K | +1.9% |
North Bend | $370K | $372.5K | +0.7% |
Eastside | $425K | $425K | 0.0% |
North Bayside | $416K | $369.9K | -11.1% |
Housing Supply in North Bend, OR
How many homes are available in North Bend, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 61 | 0.0% |
Summary: The North Bend real estate market had 61 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 15 | +36.4% |
3 Bedrooms | 36 | 34 | -5.6% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The North Bend 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 increased by 36.4%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in North Bend in April 2024, up by 14.3% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for North Bend, OR
How long does it take to sell a home in North Bend, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 57 Days | -1.4% |
Summary: Homes in North Bend had an average of 57 days on market in Apr 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in North Bend; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.