Is Bethel-Danebo, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel-Danebo is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Bethel-Danebo has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bethel-Danebo, OR

How much do homes in Bethel-Danebo, OR cost?

Median Sold Price

$395,296

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,296(+2.7%)

Key Takeaway

Homes in Bethel-Danebo have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Bethel-Danebo was $395,296 in December 2024, up 2.7% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $330K$316K
-4.2%
3 $381K$395.4K
+3.8%
4 $458.5K$470K
+2.5%
5+ $574K$502.5K
-12.5%

Summary: Bethel-Danebo housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 12.5%.

Housing Supply in Bethel-Danebo, OR

How many homes are available in Bethel-Danebo, OR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6147-23.0%

Summary: The Bethel-Danebo real estate market had 47 homes for sale in December 2024, a 23.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 85
-37.5%
3 4032
-20.0%
4 97
-22.2%
5+ 32
-33.3%

Summary: The Bethel-Danebo housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2114-33.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel-Danebo, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Bethel-Danebo in December 2024, down by 33.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.

Days on Market for Bethel-Danebo, OR

How long does it take to sell a home in Bethel-Danebo, OR?

Average Sale Time

Dec 2023Dec 2024CHANGE
34 Days63 Days+82.6%

Summary: Homes in Bethel-Danebo had an average of 63 days on market in Dec 2024, up by 82.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 14 homes were sold in Bethel-Danebo; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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 1 Day Ago

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