Is La Grande, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, La Grande was a Buyer's Market.
Key Takeaway
La Grande is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Grande, OR
How much do homes in La Grande, OR cost?
Median Sold Price
$305,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in La Grande have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in La Grande was $305,500 in April 2024, up 6.3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $254.9K | $167K | -34.5% |
| 2 Bedrooms | $212.5K | $243K | +14.4% |
| 3 Bedrooms | $305K | $319.5K | +4.8% |
| 4 Bedrooms | $350K | $360K | +2.9% |
| 5+ Bedrooms | $385K | $348K | -9.6% |
Summary: La Grande housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.5%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 9.6%.
Housing Supply in La Grande, OR
How many homes are available in La Grande, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 60 | +11.1% |
Summary: The La Grande real estate market had 60 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The La Grande housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Grande, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in La Grande in April 2024, up by 50.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.
Days on Market for La Grande, OR
How long does it take to sell a home in La Grande, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 50 Days | +231.4% |
Summary: Homes in La Grande had an average of 50 days on market in Apr 2024, up by 231.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Grande are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in La Grande; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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