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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaside is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Seaside is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Seaside, OR

How much do homes in Seaside, OR cost?

Median Sold Price

$565,000

$348/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,500(+3.2%)

Key Takeaway

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

Summary: The median home sold price in Seaside was $565,000 in March 2024, up 3.2% from last year, and the median price per square foot was $348.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $275K$372.9K
+35.6%
2 $435.7K$493.2K
+13.2%
3 $539K$559K
+3.7%
4 $735K$720K
-2.0%
5+ $812.5K$659.9K
-18.8%

Summary: Seaside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.6%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 18.8%.

Housing Supply in Seaside, OR

How many homes are available in Seaside, OR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
101118+16.8%

Summary: The Seaside real estate market had 118 homes for sale in March 2024, a 16.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 2729
+7.4%
3 4552
+15.6%
4 1822
+22.2%
5+ 912
+33.3%

Summary: The Seaside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
717+142.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaside, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Seaside in March 2024, up by 142.9% month-over-month. Of the 17 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.

Days on Market for Seaside, OR

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

Average Sale Time

Mar 2023Mar 2024CHANGE
69 Days83 Days+20.2%

Summary: Homes in Seaside had an average of 83 days on market in Mar 2024, up by 20.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Seaside are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 17 homes were sold in Seaside; 35% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 47% 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 27 Days Ago

Newest Listings in Seaside, OR

Nearby Markets to Seaside, OR

What housing markets are near Seaside, OR?