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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roseburg is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Roseburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Roseburg, OR

How much do homes in Roseburg, OR cost?

Median Sold Price

$360,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$26,495(+7.9%)

Key Takeaway

Homes in Roseburg have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Roseburg was $360,000 in March 2024, up 7.9% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $120K$87.5K
-27.1%
2 $227K$262.5K
+15.6%
3 $344K$359.9K
+4.6%
4 $400K$466.2K
+16.6%
5+ $472.5K$472.4K
0%

Summary: Roseburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.1%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes did not change.

Housing Supply in Roseburg, OR

How many homes are available in Roseburg, OR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
235240+2.1%

Summary: The Roseburg real estate market had 240 homes for sale in March 2024, a 2.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 45
+25.0%
2 2320
-13.0%
3 134135
+0.7%
4 5864
+10.3%
5+ 1616
0.0%

Summary: The Roseburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2443+79.2%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roseburg, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Roseburg in March 2024, up by 79.2% month-over-month. Of the 43 sold homes, 60% were sold under asking, 14% were sold at asking, and 26% were sold over asking.

Days on Market for Roseburg, OR

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

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days72 Days+10.0%

Summary: Homes in Roseburg had an average of 72 days on market in Mar 2024, up by 10% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 43 homes were sold in Roseburg; 44% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 37% 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 21 Days Ago

Newest Listings in Roseburg, OR

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