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 June 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

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$15,147(+3.2%)

Key Takeaway

Homes in Scappoose have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Scappoose was $485,147 in June 2024, up 3.2% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $152.5K$106K
-30.5%
2 $350K$377.5K
+7.9%
3 $459.5K$463.8K
+1.0%
4 $530K$551.4K
+4.0%
5+ $592.5K$707.5K
+19.4%

Summary: Scappoose housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.5%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 19.4%.

Housing Supply in Scappoose, OR

How many homes are available in Scappoose, OR?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4252+23.8%

Summary: The Scappoose real estate market had 52 homes for sale in June 2024, a 23.8% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 45
+25.0%
2 99
0.0%
3 1621
+31.3%
4 913
+44.4%
5+ 44
0.0%

Summary: The Scappoose housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Scappoose in June 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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

Jun 2023Jun 2024CHANGE
9 Days28 Days+194.8%

Summary: Homes in Scappoose had an average of 28 days on market in Jun 2024, up by 194.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 5 homes were sold in Scappoose; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 26 Days Ago

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