Is Myrtle Creek, 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, Myrtle Creek was a Seller's Market.
Housing Prices in Myrtle Creek, OR
How much do homes in Myrtle Creek, OR cost?
Median Sold Price
$285,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Myrtle Creek was $285,000 in April 2024, up 0.9% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $198.5K | N/A |
2 Bedrooms | $216K | $253.5K | +17.4% |
3 Bedrooms | $300K | $289.7K | -3.4% |
4 Bedrooms | $340K | $452.5K | +33.1% |
5+ Bedrooms | $275K | $555K | +101.8% |
Summary: Myrtle Creek 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 17.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 33.1%, and 5+ bedroom homes increased by 101.8%.
Median Sold Price Compared To Nearby Cities
Myrtle Creek | $282.4K | $285K | +0.9% |
Myrtle Creek-Riddle | $295K | $285K | -3.4% |
Housing Supply in Myrtle Creek, OR
How many homes are available in Myrtle Creek, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 42 | +16.7% |
Summary: The Myrtle Creek real estate market had 42 homes for sale in April 2024, a 16.7% 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 | 6 | 6 | 0.0% |
3 Bedrooms | 24 | 26 | +8.3% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Myrtle Creek 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 remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Myrtle Creek in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Myrtle Creek, OR
How long does it take to sell a home in Myrtle Creek, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
125 Days | 28 Days | -77.4% |
Summary: Homes in Myrtle Creek had an average of 28 days on market in Apr 2024, down by 77.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Myrtle Creek; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.