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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tualatin is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Tualatin, OR

How much do homes in Tualatin, OR cost?

Median Sold Price

$635,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$1,500(+0.2%)

Key Takeaway

The sold price of homes in Tualatin has remained the same since last year.

Summary: The median home sold price in Tualatin was $635,000 in February 2024, up 0.2% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $235K-
N/A
2 $332.5K$327.4K
-1.5%
3 $575K$579.5K
+0.8%
4 $746.1K$742.5K
-0.5%
5+ $852.5K$866.5K
+1.6%

Summary: Tualatin housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Cities

Tualatin
0.2%
Tigard
-1.9%
King City
-3.6%

Housing Supply in Tualatin, OR

How many homes are available in Tualatin, OR?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
113124+9.7%

Summary: The Tualatin real estate market had 124 homes for sale in February 2024, a 9.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 1214
+16.7%
3 5053
+6.0%
4 3337
+12.1%
5+ 1719
+11.8%

Summary: The Tualatin housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tualatin, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Tualatin in February 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Tualatin, OR

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

Average Sale Time

Feb 2023Feb 2024CHANGE
51 Days27 Days-47.3%

Summary: Homes in Tualatin had an average of 27 days on market in Feb 2024, down by 47.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 10 homes were sold in Tualatin; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 Tualatin, OR

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