Is Eagle Creek, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Eagle Creek has remained a Seller's Market.
Key Takeaway
Eagle Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eagle Creek, OR
How much do homes in Eagle Creek, OR cost?
Median Sold Price
$782,500
$410/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eagle Creek have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Eagle Creek was $782,500 in May 2024, up 6.8% from last year, and the median price per square foot was $410.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $470K | $635K | +35.1% |
| 3 Bedrooms | $687K | $800K | +16.4% |
| 4 Bedrooms | $862.5K | $777.5K | -9.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Eagle Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Boring | $635K | $778.7K | +22.6% |
| Eagle Creek | $732.5K | $782.5K | +6.8% |
| Estacada | $499.9K | $525K | +5.0% |
| Mount Hood | $599K | $600K | 0.2% |
| Redland | $807.5K | $743K | -8.0% |
Housing Supply in Eagle Creek, OR
How many homes are available in Eagle Creek, OR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Eagle Creek real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eagle Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +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
Key Takeaway
If you're buying a home in Eagle Creek, 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 Eagle Creek in May 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 Eagle Creek, OR
How long does it take to sell a home in Eagle Creek, OR?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 4 Days | -43.8% |
Summary: Homes in Eagle Creek had an average of 4 days on market in May 2024, down by 43.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eagle Creek are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Eagle Creek; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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