Is Wilkes, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wilkes has remained a Seller's Market.
Housing Prices in Wilkes, OR
How much do homes in Wilkes, OR cost?
Median Sold Price
$460,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wilkes was $460,000 in April 2024, up 1.1% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $252K | N/A |
2 Bedrooms | $375K | $327.5K | -12.7% |
3 Bedrooms | $463K | $489.9K | +5.8% |
4 Bedrooms | $537K | $550K | +2.4% |
5+ Bedrooms | $550K | $611.2K | +11.1% |
Summary: Wilkes 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 decreased by 12.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in Wilkes, OR
How many homes are available in Wilkes, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 41 | -4.7% |
Summary: The Wilkes real estate market had 41 homes for sale in April 2024, a 4.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wilkes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Wilkes in April 2024, down by 28.6% 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 Wilkes, OR
How long does it take to sell a home in Wilkes, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 35 Days | +452.3% |
Summary: Homes in Wilkes had an average of 35 days on market in Apr 2024, up by 452.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Wilkes; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.