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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrenton is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Warrenton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Warrenton, OR

How much do homes in Warrenton, OR cost?

Median Sold Price

$526,500

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$66,500(+14.5%)

Key Takeaway

Homes in Warrenton have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Warrenton was $526,500 in April 2024, up 14.5% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $240K$312.5K
+30.2%
2 $392.5K$375K
-4.5%
3 $443.3K$525K
+18.4%
4 $590K$545K
-7.6%
5+ $488K$779.9K
+59.8%

Summary: Warrenton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.2%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 59.8%.

Housing Supply in Warrenton, OR

How many homes are available in Warrenton, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2729+7.4%

Summary: The Warrenton real estate market had 29 homes for sale in April 2024, a 7.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1313
0.0%
4 1011
+10.0%
5+ 22
0.0%

Summary: The Warrenton 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warrenton, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Warrenton in April 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Warrenton, OR

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

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days86 Days+727.0%

Summary: Homes in Warrenton had an average of 86 days on market in Apr 2024, up by 727% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Warrenton; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 15 Days Ago

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