Is Kellogg-Yoncalla, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kellogg-Yoncalla is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Kellogg-Yoncalla was a Seller's Market.

Key Takeaway

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

Housing Prices in Kellogg-Yoncalla, OR

How much do homes in Kellogg-Yoncalla, OR cost?

Median Sold Price

$440,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$146,500(+49.9%)

Key Takeaway

Homes in Kellogg-Yoncalla have sold for 49.9% more than they did a year ago.

Summary: The median home sold price in Kellogg-Yoncalla was $440,000 in May 2024, up 49.9% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $287K$570K
+98.6%
2 $231.2K$352.5K
+52.5%
3 $387K$407.5K
+5.3%
4 $325K$587.5K
+80.8%
5+ $1.5M-
N/A

Summary: Kellogg-Yoncalla housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.6%, 2 bedroom homes increased by 52.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 80.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kellogg-Yoncalla
+49.9%
Elkton-Drain
+7.5%

Housing Supply in Kellogg-Yoncalla, OR

How many homes are available in Kellogg-Yoncalla, OR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1920+5.3%

Summary: The Kellogg-Yoncalla real estate market had 20 homes for sale in May 2024, a 5.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 65
-16.7%
3 912
+33.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Kellogg-Yoncalla housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Kellogg-Yoncalla, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kellogg-Yoncalla in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kellogg-Yoncalla, OR

How long does it take to sell a home in Kellogg-Yoncalla, OR?

Average Sale Time

May 2023May 2024CHANGE
93 Days70 Days-24.9%

Summary: Homes in Kellogg-Yoncalla had an average of 70 days on market in May 2024, down by 24.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kellogg-Yoncalla has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Kellogg-Yoncalla; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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