$2,730 Closing Credit*
$229,900
800 SqFt
2 Beds
•1 Full Bath
Robert Reedy, Listing Office: Baker City Realty, Inc.
Is Baker City, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Baker City was a Seller's Market.
Key Takeaway
Baker City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Baker City, OR
How much do homes in Baker City, OR cost?
Median Sold Price
$289,950
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,950(+3.6%)
Key Takeaway
Homes in Baker City have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Baker City was $289,950 in November 2024, up 3.6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171.5K | $169K | -1.5% |
| 2 Bedrooms | $206K | $210.6K | +2.3% |
| 3 Bedrooms | $315K | $307K | -2.5% |
| 4 Bedrooms | $343.5K | $338K | -1.6% |
| 5+ Bedrooms | $438K | $355K | -18.9% |
Summary: Baker City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 18.9%.
Housing Supply in Baker City, OR
How many homes are available in Baker City, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 88 | -7.4% |
Summary: The Baker City real estate market had 88 homes for sale in November 2024, a 7.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 24 | 17 | -29.2% |
| 3 Bedrooms | 46 | 48 | +4.3% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Baker City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 29.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Baker City, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Baker City in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.
Days on Market for Baker City, OR
How long does it take to sell a home in Baker City, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 127 Days | +133.3% |
Summary: Homes in Baker City had an average of 127 days on market in Nov 2024, up by 133.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Baker City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Baker City; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.