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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wasco County is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Wasco County, OR

How much do homes in Wasco County, OR cost?

Median Sold Price

$400,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$4,500(+1.1%)

Key Takeaway

Homes in Wasco County have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Wasco County was $400,000 in February 2024, up 1.1% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $275K$162K
-41.1%
2 $320K$308.5K
-3.6%
3 $402K$413.5K
+2.9%
4 $445K$425K
-4.5%
5+ $580K$490K
-15.5%

Summary: Wasco County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.1%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 15.5%.

Housing Supply in Wasco County, OR

How many homes are available in Wasco County, OR?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
100109+9.0%

Summary: The Wasco County real estate market had 109 homes for sale in February 2024, a 9.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 46
+50.0%
2 1916
-15.8%
3 4648
+4.3%
4 2432
+33.3%
5+ 77
0.0%

Summary: The Wasco County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wasco County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Wasco County in February 2024, up by 11.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Wasco County, OR

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

Average Sale Time

Feb 2023Feb 2024CHANGE
76 Days74 Days-2.4%

Summary: Homes in Wasco County had an average of 74 days on market in Feb 2024, down by 2.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 10 homes were sold in Wasco County; 40% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 50% 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 Wasco County, OR

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What housing markets are near Wasco County, OR?