Is Troutdale, 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, Troutdale has remained a Seller's Market.
Key Takeaway
Troutdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Troutdale, OR
How much do homes in Troutdale, OR cost?
Median Sold Price
$470,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Troutdale has remained the same since last year.
Summary: The median home sold price in Troutdale was $470,000 in April 2024, down 0.3% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355K | $485K | +36.6% |
| 3 Bedrooms | $451K | $455K | +0.9% |
| 4 Bedrooms | $515K | $515K | 0.0% |
| 5+ Bedrooms | $535K | $507.5K | -5.1% |
Summary: Troutdale 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 36.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in Troutdale, OR
How many homes are available in Troutdale, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 46 | +31.4% |
Summary: The Troutdale real estate market had 46 homes for sale in April 2024, a 31.4% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 22 | 31 | +40.9% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Troutdale 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 100%, 3 bedroom homes increased by 40.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Troutdale, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Troutdale in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Troutdale, OR
How long does it take to sell a home in Troutdale, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 35 Days | +6.3% |
Summary: Homes in Troutdale had an average of 35 days on market in Apr 2024, up by 6.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Troutdale are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Troutdale; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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