Is Beaumont-Wilshire, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaumont-Wilshire is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Beaumont-Wilshire has remained a Seller's Market.

Key Takeaway

Beaumont-Wilshire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Beaumont-Wilshire, OR

How much do homes in Beaumont-Wilshire, OR cost?

Median Sold Price

$725,000

$339/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$57,500(-7.3%)

Key Takeaway

Homes in Beaumont-Wilshire have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Beaumont-Wilshire was $725,000 in November 2024, down 7.3% from last year, and the median price per square foot was $339.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$435K
N/A
2 $536K$525K
-2.1%
3 $700K$725K
+3.6%
4 $846K$875K
+3.4%
5+ $1.2M$1.0M
-9.4%

Summary: Beaumont-Wilshire 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 decreased by 2.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 9.4%.

Housing Supply in Beaumont-Wilshire, OR

How many homes are available in Beaumont-Wilshire, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2421-12.5%

Summary: The Beaumont-Wilshire real estate market had 21 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 89
+12.5%
4 83
-62.5%
5+ 34
+33.3%

Summary: The Beaumont-Wilshire housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 62.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaumont-Wilshire, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Beaumont-Wilshire in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Beaumont-Wilshire, OR

How long does it take to sell a home in Beaumont-Wilshire, OR?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days96 Days+165.7%

Summary: Homes in Beaumont-Wilshire had an average of 96 days on market in Nov 2024, up by 165.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beaumont-Wilshire are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Beaumont-Wilshire; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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