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 November 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

$225,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+12.5%)

Key Takeaway

Homes in Oregon have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Oregon was $225,000 in November 2024, up 12.5% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $77K$64.9K
-15.7%
2 $202.5K$190K
-6.2%
3 $192.5K$219K
+13.8%
4 $260K$281K
+8.1%
5+ -$282K
N/A

Summary: Oregon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Allen Township
+72.8%
Oregon
+12.5%
Toledo
+10.6%
Northwood
+9.4%

Housing Supply in Oregon, OH

How many homes are available in Oregon, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8078-2.5%

Summary: The Oregon real estate market had 78 homes for sale in November 2024, a 2.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1720
+17.6%
3 3836
-5.3%
4 2419
-20.8%
5+ 13
+200.0%

Summary: The Oregon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2419-20.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oregon, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Oregon in November 2024, down by 20.8% month-over-month. Of the 19 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% 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

Nov 2023Nov 2024CHANGE
47 Days67 Days+41.2%

Summary: Homes in Oregon had an average of 67 days on market in Nov 2024, up by 41.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

13 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 November 2024, 19 homes were sold in Oregon; 16% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 16% 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?