Is Tillamook County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Tillamook County was a Seller's Market.
Key Takeaway
Tillamook County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tillamook County, OR
How much do homes in Tillamook County, OR cost?
Median Sold Price
$533,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Tillamook County have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Tillamook County was $533,000 in March 2024, down 3.1% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289K | $295K | +2.1% |
| 2 Bedrooms | $520K | $399.5K | -23.2% |
| 3 Bedrooms | $550K | $563.7K | +2.5% |
| 4 Bedrooms | $637.5K | $784.5K | +23.1% |
| 5+ Bedrooms | $799K | $890K | +11.4% |
Summary: Tillamook County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes decreased by 23.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Counties
| Yamhill County | $474.7K | $480.6K | +1.2% |
| Washington County | $579.8K | $579.9K | 0.0% |
| Tillamook County | $550K | $533K | -3.1% |
| Clatsop County | $550K | $527.3K | -4.1% |
| Polk County | $475.4K | $450.9K | -5.1% |
Housing Supply in Tillamook County, OR
How many homes are available in Tillamook County, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 212 | 241 | +13.7% |
Summary: The Tillamook County real estate market had 241 homes for sale in March 2024, a 13.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 41 | 46 | +12.2% |
| 3 Bedrooms | 102 | 120 | +17.6% |
| 4 Bedrooms | 46 | 50 | +8.7% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Tillamook County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 13 | -50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tillamook County, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Tillamook County in March 2024, down by 50.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for Tillamook County, OR
How long does it take to sell a home in Tillamook County, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 52 Days | -9.4% |
Summary: Homes in Tillamook County had an average of 52 days on market in Mar 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tillamook County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in Tillamook County; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.