Is North Central, 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 Central has remained a Seller's Market.
Housing Prices in North Central, OR
How much do homes in North Central, OR cost?
Median Sold Price
$435,500
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Central was $435,500 in April 2024, down 3.2% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375K | $399.9K | +6.6% |
3 Bedrooms | $435K | $430K | -1.1% |
4 Bedrooms | $475K | $449.9K | -5.3% |
5+ Bedrooms | $558.9K | $496.7K | -11.1% |
Summary: North Central housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in North Central, OR
How many homes are available in North Central, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 28 | +33.3% |
Summary: The North Central real estate market had 28 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 14 | 19 | +35.7% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The North Central 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 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in North Central in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for North Central, OR
How long does it take to sell a home in North Central, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 12 Days | -52.1% |
Summary: Homes in North Central had an average of 12 days on market in Apr 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in North Central; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.