Is Colton, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colton is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Colton was a Seller's Market.

Key Takeaway

Colton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Colton, OR

How much do homes in Colton, OR cost?

Median Sold Price

$680,000

$350/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Colton has remained the same since last year.

Summary: The median home sold price in Colton was $680,000 in November 2024, the same as last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $501K$568K
+13.4%
3 $713K$595K
-16.5%
4 $635K$680K
+7.1%
5+ $1.0M$925K
-12.7%

Summary: Colton 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 increased by 13.4%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 12.7%.

Housing Supply in Colton, OR

How many homes are available in Colton, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1620+25.0%

Summary: The Colton real estate market had 20 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 912
+33.3%
4 23
+50.0%
5+ 44
0.0%

Summary: The Colton 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 increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Colton in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Colton, OR

How long does it take to sell a home in Colton, OR?

Average Sale Time

Nov 2023Nov 2024CHANGE
99 Days74 Days-25.3%

Summary: Homes in Colton had an average of 74 days on market in Nov 2024, down by 25.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Colton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Colton; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 17 Days Ago

Newest Listings in Colton, OR

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