Is Grant County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Grant County was a Seller's Market.
Key Takeaway
Grant County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grant County, OR
How much do homes in Grant County, OR cost?
Median Sold Price
$226,544
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Grant County have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in Grant County was $226,544 in May 2024, down 9.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $189K | +59.5% |
| 2 Bedrooms | $190K | $190K | 0.0% |
| 3 Bedrooms | $290K | $227.5K | -21.6% |
| 4 Bedrooms | $362.5K | $322.5K | -11.0% |
| 5+ Bedrooms | $465K | $445K | -4.3% |
Summary: Grant County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.5%, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Counties
| Baker County | $245K | $306.2K | +25.0% |
| Morrow County | $301.4K | $324K | +7.5% |
| Union County | $288.3K | $300K | +4.0% |
| Umatilla County | $304.8K | $303.9K | -0.3% |
| Grant County | $250.4K | $226.5K | -9.5% |
Housing Supply in Grant County, OR
How many homes are available in Grant County, OR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 50 | +11.1% |
Summary: The Grant County real estate market had 50 homes for sale in May 2024, a 11.1% increase 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 | 14 | 16 | +14.3% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Grant County 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 increased by 14.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grant County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Grant County in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Grant County, OR
How long does it take to sell a home in Grant County, OR?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 98 Days | 305 Days | +211.2% |
Summary: Homes in Grant County had an average of 305 days on market in May 2024, up by 211.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Grant County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 1 homes were sold in Grant County; 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.
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