Is Astoria Downtown, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Astoria Downtown is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Astoria Downtown has remained a Seller's Market.

Key Takeaway

Astoria Downtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Astoria Downtown, OR

How much do homes in Astoria Downtown, OR cost?

Median Sold Price

$545,000

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$60,000(+12.4%)

Key Takeaway

Homes in Astoria Downtown have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Astoria Downtown was $545,000 in November 2024, up 12.4% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $520K-
N/A
2 $410K$485K
+18.3%
3 $440K$600K
+36.4%
4 $675K$642.5K
-4.8%
5+ $447.5K$717K
+60.2%

Summary: Astoria Downtown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 60.2%.

Housing Supply in Astoria Downtown, OR

How many homes are available in Astoria Downtown, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The Astoria Downtown real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 119
-18.2%
4 11
0.0%
5+ 01
+100.0%

Summary: The Astoria Downtown 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 decreased by 20%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Astoria Downtown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Astoria Downtown in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Astoria Downtown, OR

How long does it take to sell a home in Astoria Downtown, OR?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days7 Days-72.6%

Summary: Homes in Astoria Downtown had an average of 7 days on market in Nov 2024, down by 72.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Astoria Downtown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Astoria Downtown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Astoria Downtown, OR

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