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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scappoose is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Scappoose was a Seller's Market.

Key Takeaway

Scappoose is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Scappoose, OR

How much do homes in Scappoose, OR cost?

Median Sold Price

$485,147

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,147(+2.1%)

Key Takeaway

Homes in Scappoose have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Scappoose was $485,147 in March 2024, up 2.1% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $152.5K$170K
+11.5%
2 $360K$390K
+8.3%
3 $459.5K$474.9K
+3.4%
4 $532.5K$535K
0.5%
5+ $596K$615K
+3.2%

Summary: Scappoose housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 3.2%.

Housing Supply in Scappoose, OR

How many homes are available in Scappoose, OR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7165-8.5%

Summary: The Scappoose real estate market had 65 homes for sale in March 2024, a 8.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 1817
-5.6%
3 2822
-21.4%
4 1417
+21.4%
5+ 53
-40.0%

Summary: The Scappoose housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scappoose, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Scappoose in March 2024, down by 38.5% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Scappoose, OR

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

Average Sale Time

Mar 2023Mar 2024CHANGE
89 Days79 Days-10.4%

Summary: Homes in Scappoose had an average of 79 days on market in Mar 2024, down by 10.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Scappoose has remained consistent over time.

Summary: During March 2024, 8 homes were sold in Scappoose; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

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