Is Umatilla County, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Umatilla County is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Umatilla County 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 Umatilla County, OR

How much do homes in Umatilla County, OR cost?

Median Sold Price

$301,914

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,573(-0.8%)

Key Takeaway

Homes in Umatilla County have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Umatilla County was $301,914 in April 2024, down 0.8% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $161.5K$133.5K
-17.3%
2 $218K$235K
+7.8%
3 $302K$300K
-0.7%
4 $370K$365K
-1.4%
5+ $381K$375K
-1.6%

Summary: Umatilla County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Counties

Morrow County
+8.9%
Union County
+4.9%
Umatilla County
-0.8%
Walla Walla County
-1.2%
Grant County
-8.9%

Housing Supply in Umatilla County, OR

How many homes are available in Umatilla County, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
272282+3.7%

Summary: The Umatilla County real estate market had 282 homes for sale in April 2024, a 3.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 610
+66.7%
2 3841
+7.9%
3 147144
-2.0%
4 6872
+5.9%
5+ 1315
+15.4%

Summary: The Umatilla County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 7.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
46460.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Umatilla County, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Umatilla County in April 2024, the same as the previous month. Of the 46 sold homes, 48% were sold under asking, 35% were sold at asking, and 17% were sold over asking.

Days on Market for Umatilla County, OR

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

Average Sale Time

Apr 2023Apr 2024CHANGE
63 Days97 Days+54.0%

Summary: Homes in Umatilla County had an average of 97 days on market in Apr 2024, up by 54% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 46 homes were sold in Umatilla County; 41% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 35% 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 9 Days Ago

Newest Listings in Umatilla County, OR

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