$3,561 Closing Credit*
$299,900
850 SqFt
2 Beds
•1 Full Bath
Darryl Bodle, Kelly Christian, Listing Office: Keller Williams Realty Portland Premiere
Is Concordia, 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, Concordia has remained a Seller's Market.
Key Takeaway
Concordia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Concordia, OR
How much do homes in Concordia, OR cost?
Median Sold Price
$622,500
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,250(+1.0%)
Key Takeaway
Homes in Concordia have sold for 1% more than they did a year ago.
Summary: The median home sold price in Concordia was $622,500 in October 2024, up 1% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $273.6K | +56.4% |
| 2 Bedrooms | $485K | $509.7K | +5.1% |
| 3 Bedrooms | $610K | $611.2K | 0.2% |
| 4 Bedrooms | $748K | $695K | -7.1% |
| 5+ Bedrooms | $860K | $710K | -17.4% |
Summary: Concordia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.4%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 17.4%.
Housing Supply in Concordia, OR
How many homes are available in Concordia, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 46 | +48.4% |
Summary: The Concordia real estate market had 46 homes for sale in October 2024, a 48.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 11 | +83.3% |
| 3 Bedrooms | 15 | 20 | +33.3% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Concordia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 10 | +400.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Concordia, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Concordia in October 2024, up by 400.0% month-over-month. Of the 10 sold homes, 10% were sold under asking, 20% were sold at asking, and 70% were sold over asking.
Days on Market for Concordia, OR
How long does it take to sell a home in Concordia, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 15 Days | -32.9% |
Summary: Homes in Concordia had an average of 15 days on market in Oct 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Concordia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Concordia; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.