$8,609 Closing Credit*
$725,000
2,577 SqFt
4 Beds
•3 Full Baths
Joshua Higbee, Listing Office: eXp Realty LLC
Is Churchill, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Churchill has remained a Seller's Market.
Key Takeaway
Churchill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Churchill, OR
How much do homes in Churchill, OR cost?
Median Sold Price
$475,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$70,000(-12.8%)
Key Takeaway
Homes in Churchill have sold for 12.8% less than they did a year ago.
Summary: The median home sold price in Churchill was $475,000 in October 2024, down 12.8% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $214.5K | $245.7K | +14.6% |
| 2 Bedrooms | $268K | $325K | +21.3% |
| 3 Bedrooms | $520.5K | $442.5K | -15.0% |
| 4 Bedrooms | $628.2K | $607K | -3.4% |
| 5+ Bedrooms | $815K | $1.0M | +22.7% |
Summary: Churchill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 21.3%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 22.7%.
Housing Supply in Churchill, OR
How many homes are available in Churchill, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 58 | 0.0% |
Summary: The Churchill real estate market had 58 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 24 | 26 | +8.3% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Churchill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Churchill, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Churchill in October 2024, up by 45.5% month-over-month. Of the 16 sold homes, 38% were sold under asking, 44% were sold at asking, and 19% were sold over asking.
Days on Market for Churchill, OR
How long does it take to sell a home in Churchill, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 59 Days | +310.2% |
Summary: Homes in Churchill had an average of 59 days on market in Oct 2024, up by 310.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Churchill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Churchill; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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