Is Estacada, 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, Estacada has remained a Seller's Market.
Key Takeaway
Estacada is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Estacada, OR
How much do homes in Estacada, OR cost?
Median Sold Price
$525,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Estacada have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Estacada was $525,000 in April 2024, up 5.3% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $405K | +9.5% |
| 3 Bedrooms | $475K | $505K | +6.3% |
| 4 Bedrooms | $550K | $545K | -0.9% |
| 5+ Bedrooms | $787K | $608.4K | -22.7% |
Summary: Estacada 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 increased by 9.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 22.7%.
Median Sold Price Compared To Nearby Cities
| Eagle Creek | $725K | $775K | +6.9% |
| Estacada | $498.7K | $525K | +5.3% |
Housing Supply in Estacada, OR
How many homes are available in Estacada, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 75 | 91 | +21.3% |
Summary: The Estacada real estate market had 91 homes for sale in April 2024, a 21.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 32 | 37 | +15.6% |
| 4 Bedrooms | 31 | 37 | +19.4% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Estacada housing inventory by bedroom type for April 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 15.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Estacada, expect to pay close to the asking price. 55% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in Estacada in April 2024, up by 53.8% month-over-month. Of the 20 sold homes, 20% were sold under asking, 55% were sold at asking, and 25% were sold over asking.
Days on Market for Estacada, OR
How long does it take to sell a home in Estacada, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 71 Days | +45.6% |
Summary: Homes in Estacada had an average of 71 days on market in Apr 2024, up by 45.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Estacada are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Estacada; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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