Is Sutherlin, 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, Sutherlin has remained a Seller's Market.
Housing Prices in Sutherlin, OR
How much do homes in Sutherlin, OR cost?
Median Sold Price
$339,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sutherlin was $339,000 in April 2024, down 0.6% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $202K | +49.6% |
2 Bedrooms | $227K | $234.5K | +3.3% |
3 Bedrooms | $344.7K | $350K | +1.5% |
4 Bedrooms | $386.7K | $355K | -8.2% |
5+ Bedrooms | $643K | - | N/A |
Summary: Sutherlin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.6%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.
Housing Supply in Sutherlin, OR
How many homes are available in Sutherlin, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 44 | +25.7% |
Summary: The Sutherlin real estate market had 44 homes for sale in April 2024, a 25.7% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 23 | 29 | +26.1% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sutherlin 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 26.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Sutherlin in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Sutherlin, OR
How long does it take to sell a home in Sutherlin, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 52 Days | -29.6% |
Summary: Homes in Sutherlin had an average of 52 days on market in Apr 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Sutherlin; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.