Is Oregon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Oregon has remained a Seller's Market.
Key Takeaway
Oregon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oregon, OH
How much do homes in Oregon, OH cost?
Median Sold Price
$213,950
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oregon have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Oregon was $213,950 in May 2024, up 12.7% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77K | - | N/A |
| 2 Bedrooms | $156K | $201K | +28.8% |
| 3 Bedrooms | $187K | $207.4K | +10.9% |
| 4 Bedrooms | $250K | $275K | +10.0% |
| 5+ Bedrooms | $384.5K | $282K | -26.7% |
Summary: Oregon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 26.7%.
Median Sold Price Compared To Nearby Cities
| Oregon | $189.9K | $213.9K | +12.7% |
| Northwood | $180K | $189.2K | +5.1% |
| Allen Township | $162K | $169.9K | +4.9% |
| Toledo | $120.1K | $125K | +4.1% |
Housing Supply in Oregon, OH
How many homes are available in Oregon, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 50 | 49 | -2.0% |
Summary: The Oregon real estate market had 49 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 28 | 27 | -3.6% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oregon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oregon, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Oregon in May 2024, down by 13.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for Oregon, OH
How long does it take to sell a home in Oregon, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 44 Days | +5.5% |
Summary: Homes in Oregon had an average of 44 days on market in May 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oregon has remained consistent over time.
Summary: During May 2024, 13 homes were sold in Oregon; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.