Is Oregon, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oregon is a seller's market

Buyer's
Market

Difference Since October 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

$227,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,500(+14.9%)

Key Takeaway

Homes in Oregon have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in Oregon was $227,500 in October 2024, up 14.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $77K$64.9K
-15.7%
2 $200K$181K
-9.5%
3 $189.5K$225K
+18.7%
4 $260K$281K
+8.1%
5+ $372K$282K
-24.2%

Summary: Oregon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 24.2%.

Median Sold Price Compared To Nearby Cities

Allen Township
+70.7%
Oregon
+14.9%
Toledo
+8.4%
Northwood
+6.8%

Housing Supply in Oregon, OH

How many homes are available in Oregon, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7884+7.7%

Summary: The Oregon real estate market had 84 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1619
+18.8%
3 3639
+8.3%
4 2224
+9.1%
5+ 32
-33.3%

Summary: The Oregon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1823+27.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oregon, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in Oregon in October 2024, up by 27.8% month-over-month. Of the 23 sold homes, 26% were sold under asking, 17% were sold at asking, and 57% 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

Oct 2023Oct 2024CHANGE
64 Days47 Days-25.6%

Summary: Homes in Oregon had an average of 47 days on market in Oct 2024, down by 25.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oregon has remained consistent over time.

Summary: During October 2024, 23 homes were sold in Oregon; 39% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Oregon, OH

Nearby Markets to Oregon, OH

What housing markets are near Oregon, OH?