Is Pendleton, 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, Pendleton has remained a Seller's Market.
Housing Prices in Pendleton, OR
How much do homes in Pendleton, OR cost?
Median Sold Price
$295,000
$185/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Pendleton was $295,000 in April 2024, the same as last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $80.5K | -40.4% |
2 Bedrooms | $194K | $213.5K | +10.1% |
3 Bedrooms | $279.9K | $294K | +5.0% |
4 Bedrooms | $350K | $352K | +0.6% |
5+ Bedrooms | $355K | $335K | -5.6% |
Summary: Pendleton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.4%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in Pendleton, OR
How many homes are available in Pendleton, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 74 | +13.8% |
Summary: The Pendleton real estate market had 74 homes for sale in April 2024, a 13.8% 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 | 10 | 16 | +60.0% |
3 Bedrooms | 30 | 29 | -3.3% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Pendleton 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 increased by 60%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Pendleton in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for Pendleton, OR
How long does it take to sell a home in Pendleton, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 84 Days | +15.1% |
Summary: Homes in Pendleton had an average of 84 days on market in Apr 2024, up by 15.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Pendleton; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.