Is Yamhill County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Yamhill County was a Seller's Market.
Key Takeaway
Yamhill County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Yamhill County, OR
How much do homes in Yamhill County, OR cost?
Median Sold Price
$480,653
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Yamhill County have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Yamhill County was $480,653 in March 2024, up 1.2% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $479.5K | $329.5K | -31.3% |
| 2 Bedrooms | $379.7K | $370K | -2.6% |
| 3 Bedrooms | $447.3K | $465K | +3.9% |
| 4 Bedrooms | $585K | $555.9K | -5.0% |
| 5+ Bedrooms | $741.9K | $610K | -17.8% |
Summary: Yamhill County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 17.8%.
Median Sold Price Compared To Nearby Counties
| Yamhill County | $474.7K | $480.6K | +1.2% |
| Clackamas County | $608.4K | $610K | 0.2% |
| Washington County | $579.8K | $579.9K | 0.0% |
| Tillamook County | $550K | $533K | -3.1% |
| Polk County | $475.4K | $450.9K | -5.1% |
Housing Supply in Yamhill County, OR
How many homes are available in Yamhill County, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 545 | 556 | +2.0% |
Summary: The Yamhill County real estate market had 556 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 38 | 41 | +7.9% |
| 3 Bedrooms | 271 | 275 | +1.5% |
| 4 Bedrooms | 186 | 188 | +1.1% |
| 5+ Bedrooms | 49 | 49 | 0.0% |
Summary: The Yamhill County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 74 | +39.6% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yamhill County, you may be able to get a good deal. 47.3% of homes here sold below asking price last month.
Summary: A total of 74 homes were sold or pending in Yamhill County in March 2024, up by 39.6% month-over-month. Of the 74 sold homes, 47% were sold under asking, 32% were sold at asking, and 20% were sold over asking.
Days on Market for Yamhill County, OR
How long does it take to sell a home in Yamhill County, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 59 Days | -1.4% |
Summary: Homes in Yamhill County had an average of 59 days on market in Mar 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yamhill County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 74 homes were sold in Yamhill County; 50% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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