Is Oroville, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oroville is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Oroville, WA

How much do homes in Oroville, WA cost?

Median Sold Price

$325,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$50,200(+18.3%)

Key Takeaway

Homes in Oroville have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in Oroville was $325,000 in March 2024, up 18.3% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$277.5K
N/A
2 $208K$325K
+56.3%
3 $250K$302K
+20.8%
4 $389K$582.5K
+49.7%
5+ $360K$325K
-9.7%

Summary: Oroville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.3%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 49.7%, and 5+ bedroom homes decreased by 9.7%.

Housing Supply in Oroville, WA

How many homes are available in Oroville, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3239+21.9%

Summary: The Oroville real estate market had 39 homes for sale in March 2024, a 21.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 46
+50.0%
3 1516
+6.7%
4 810
+25.0%
5+ 56
+20.0%

Summary: The Oroville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oroville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Oroville in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oroville, WA

How long does it take to sell a home in Oroville, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
93 Days149 Days+59.6%

Summary: Homes in Oroville had an average of 149 days on market in Mar 2024, up by 59.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oroville has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Oroville; 0% of homes were sold within 30 days, 50% 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 22 Days Ago

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