$9,757 Closing Credit*
$821,625
3,812 SqFt
4 Beds
•2 Full Baths
Derek Oliver, Jenesa Oliver, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
Is Boring, 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, Boring was a Buyer's Market.
Key Takeaway
Boring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boring, OR
How much do homes in Boring, OR cost?
Median Sold Price
$757,500
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,500(+1.0%)
Key Takeaway
Homes in Boring have sold for 1% more than they did a year ago.
Summary: The median home sold price in Boring was $757,500 in November 2024, up 1% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $618K | $800K | +29.4% |
| 2 Bedrooms | $498.5K | $600K | +20.4% |
| 3 Bedrooms | $630K | $758.5K | +20.4% |
| 4 Bedrooms | $802.5K | $842.5K | +5.0% |
| 5+ Bedrooms | $1.0M | $685K | -33.8% |
Summary: Boring housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 33.8%.
Housing Supply in Boring, OR
How many homes are available in Boring, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Boring real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Boring 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boring, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Boring in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Boring, OR
How long does it take to sell a home in Boring, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 78 Days | +118.3% |
Summary: Homes in Boring had an average of 78 days on market in Nov 2024, up by 118.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Boring has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Boring; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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