Is Powell Valley, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Powell Valley was a Seller's Market.
Housing Prices in Powell Valley, OR
How much do homes in Powell Valley, OR cost?
Median Sold Price
$454,500
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Powell Valley was $454,500 in April 2024, up 5.9% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $200K | N/A |
2 Bedrooms | $275K | $254.9K | -7.3% |
3 Bedrooms | $420K | $445K | +6.0% |
4 Bedrooms | $515K | $535.9K | +4.1% |
5+ Bedrooms | $792.5K | $669.9K | -15.5% |
Summary: Powell Valley 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 decreased by 7.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in Powell Valley, OR
How many homes are available in Powell Valley, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Summary: The Powell Valley real estate market had 19 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Powell Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Powell Valley in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Powell Valley, OR
How long does it take to sell a home in Powell Valley, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 40 Days | +937.1% |
Summary: Homes in Powell Valley had an average of 40 days on market in Apr 2024, up by 937.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Powell Valley; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.