Is Tenmile, 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, Tenmile was a Seller's Market.
Housing Prices in Tenmile, OR
How much do homes in Tenmile, OR cost?
Median Sold Price
$337,950
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tenmile was $337,950 in April 2024, down 2% 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 | $755K | $225K | -70.2% |
2 Bedrooms | $192.5K | $243.5K | +26.5% |
3 Bedrooms | $351.5K | $341K | -3.0% |
4 Bedrooms | $273.5K | $422K | +54.3% |
5+ Bedrooms | $407.5K | $708K | +73.7% |
Summary: Tenmile housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.2%, 2 bedroom homes increased by 26.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 54.3%, and 5+ bedroom homes increased by 73.7%.
Median Sold Price Compared To Nearby Cities
South Umpqua | $269.9K | $361.7K | +34.0% |
Melrose | $555K | $605K | +9.0% |
Winston | $317.5K | $328.4K | +3.4% |
Tenmile | $345K | $337.9K | -2.0% |
Myrtle Creek-Riddle | $295K | $285K | -3.4% |
Housing Supply in Tenmile, OR
How many homes are available in Tenmile, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 41 | +13.9% |
Summary: The Tenmile real estate market had 41 homes for sale in April 2024, a 13.9% 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 | 4 | +33.3% |
3 Bedrooms | 28 | 30 | +7.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tenmile 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 33.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Tenmile in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Tenmile, OR
How long does it take to sell a home in Tenmile, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 66 Days | -3.2% |
Summary: Homes in Tenmile had an average of 66 days on market in Apr 2024, down by 3.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Tenmile; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.