Is Ventura Park, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ventura Park is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ventura Park was a Neutral Market.

Key Takeaway

Ventura Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ventura Park, OR

How much do homes in Ventura Park, OR cost?

Median Sold Price

$327,450

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$34,200(+11.7%)

Key Takeaway

Homes in Ventura Park have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Ventura Park was $327,450 in April 2024, up 11.7% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $245.8K-
N/A
2 $269.9K$272.5K
+0.9%
3 $392.5K$402.5K
+2.5%
4 -$539.7K
N/A
5+ --
N/A

Summary: Ventura Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Ventura Park
+11.7%
Mill Park
-0.1%
Hazelwood
-5.3%

Housing Supply in Ventura Park, OR

How many homes are available in Ventura Park, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
42-50.0%

Summary: The Ventura Park real estate market had 2 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Ventura Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ventura Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Ventura Park in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Ventura Park, OR

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

Average Sale Time

Apr 2023Apr 2024CHANGE
114 Days279 Days+144.7%

Summary: Homes in Ventura Park had an average of 279 days on market in Apr 2024, up by 144.7% compared to last year.

Breakdown of Home Sale Times

0 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

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

Summary: During April 2024, 1 homes were sold in Ventura Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Ventura Park, OR

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