Is Milton-Freewater, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milton-Freewater is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Milton-Freewater has remained a Seller's Market.

Key Takeaway

Milton-Freewater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Milton-Freewater, OR

How much do homes in Milton-Freewater, OR cost?

Median Sold Price

$285,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,500(+6.5%)

Key Takeaway

Homes in Milton-Freewater have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Milton-Freewater was $285,000 in April 2024, up 6.5% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $189K$127.5K
-32.5%
2 $245K$230K
-6.1%
3 $285K$285K
0.0%
4 $322.5K$299.5K
-7.1%
5+ $322.4K$325K
+0.8%

Summary: Milton-Freewater housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.5%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 0.8%.

Housing Supply in Milton-Freewater, OR

How many homes are available in Milton-Freewater, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The Milton-Freewater real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 88
0.0%
4 12
+100.0%
5+ 33
0.0%

Summary: The Milton-Freewater 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milton-Freewater, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Milton-Freewater in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Milton-Freewater, OR

How long does it take to sell a home in Milton-Freewater, OR?

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days98 Days+48.9%

Summary: Homes in Milton-Freewater had an average of 98 days on market in Apr 2024, up by 48.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Milton-Freewater has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Milton-Freewater; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Apr 1, 2024

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