Is Wasco County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wasco County was a Seller's Market.
Key Takeaway
Wasco County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wasco County, OR
How much do homes in Wasco County, OR cost?
Median Sold Price
$400,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wasco County have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Wasco County was $400,000 in March 2024, up 3.1% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $242.5K | $190K | -21.6% |
| 2 Bedrooms | $320K | $305K | -4.7% |
| 3 Bedrooms | $399.4K | $413.5K | +3.5% |
| 4 Bedrooms | $440K | $439K | -0.2% |
| 5+ Bedrooms | $580K | $495K | -14.7% |
Summary: Wasco County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.6%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Counties
| Wasco County | $388K | $400K | +3.1% |
| Hood River County | $675K | $677.6K | 0.4% |
Housing Supply in Wasco County, OR
How many homes are available in Wasco County, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 113 | 115 | +1.8% |
Summary: The Wasco County real estate market had 115 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 49 | 48 | -2.0% |
| 4 Bedrooms | 34 | 33 | -2.9% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Wasco County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wasco County, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Wasco County in March 2024, down by 14.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.
Days on Market for Wasco County, OR
How long does it take to sell a home in Wasco County, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 75 Days | +39.5% |
Summary: Homes in Wasco County had an average of 75 days on market in Mar 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wasco County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Wasco County; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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