Is Junction City, 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, Junction City has remained a Neutral Market.
Housing Prices in Junction City, OR
How much do homes in Junction City, OR cost?
Median Sold Price
$497,900
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Junction City was $497,900 in April 2024, up 4.8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $324K | $401K | +23.8% |
3 Bedrooms | $457.9K | $454K | -0.9% |
4 Bedrooms | $510.4K | $539K | +5.6% |
5+ Bedrooms | $516.9K | $524.9K | +1.5% |
Summary: Junction City 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 23.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in Junction City, OR
How many homes are available in Junction City, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 51 | -10.5% |
Summary: The Junction City real estate market had 51 homes for sale in April 2024, a 10.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 29 | 28 | -3.4% |
4 Bedrooms | 16 | 12 | -25.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Junction City 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 decreased by 20%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 8 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Junction City in April 2024, down by 50.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Junction City, OR
How long does it take to sell a home in Junction City, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 67 Days | +8.2% |
Summary: Homes in Junction City had an average of 67 days on market in Apr 2024, up by 8.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Junction City; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.