Is Umatilla 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, Umatilla County was a Seller's Market.
Housing Prices in Umatilla County, OR
How much do homes in Umatilla County, OR cost?
Median Sold Price
$303,917
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Umatilla County was $303,917 in May 2024, down 0.3% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152.5K | $139.5K | -8.5% |
2 Bedrooms | $227.4K | $230K | +1.1% |
3 Bedrooms | $303.5K | $302.2K | -0.4% |
4 Bedrooms | $361.5K | $365K | +1.0% |
5+ Bedrooms | $388.7K | $355K | -8.7% |
Summary: Umatilla County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Counties
Morrow County | $301.4K | $324K | +7.5% |
Union County | $288.3K | $300K | +4.0% |
Walla Walla County | $417.8K | $418.8K | 0.2% |
Umatilla County | $304.8K | $303.9K | -0.3% |
Grant County | $250.4K | $226.5K | -9.5% |
Housing Supply in Umatilla County, OR
How many homes are available in Umatilla County, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
310 | 313 | +1.0% |
Summary: The Umatilla County real estate market had 313 homes for sale in May 2024, a 1.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 11 | +10.0% |
2 Bedrooms | 43 | 44 | +2.3% |
3 Bedrooms | 160 | 161 | +0.6% |
4 Bedrooms | 81 | 79 | -2.5% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Umatilla County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 45 | -2.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Umatilla County in May 2024, down by 2.2% month-over-month. Of the 45 sold homes, 29% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for Umatilla County, OR
How long does it take to sell a home in Umatilla County, OR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
84 Days | 80 Days | -5.0% |
Summary: Homes in Umatilla County had an average of 80 days on market in May 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in Umatilla County; 56% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.