Is Warren, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Warren has remained a Neutral Market.

Key Takeaway

Warren is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Warren, OR

How much do homes in Warren, OR cost?

Median Sold Price

$651,500

$347/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$91,200(+16.3%)

Key Takeaway

Homes in Warren have sold for 16.3% more than they did a month ago.

Summary: The median home sold price in Warren was $651,500 in April 2024, up 16.3% from last month, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$475K
N/A
3 $485.6K-
N/A
4 $635K$828K
+30.4%
5+ --
N/A

Summary: Warren housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes did not change.

Housing Supply in Warren, OR

How many homes are available in Warren, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
12120.0%

Summary: The Warren real estate market had 12 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 76
-14.3%
5+ 11
0.0%

Summary: The Warren 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 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Warren in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Warren, OR

How long does it take to sell a home in Warren, OR?

Average Sale Time

Mar 2024Apr 2024CHANGE
119 Days486 Days+308.8%

Summary: Homes in Warren had an average of 486 days on market in Apr 2024, up by 308.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Warren are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in Warren; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Warren, OR

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