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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corbett is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Corbett was a Neutral Market.

Key Takeaway

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

Housing Prices in Corbett, OR

How much do homes in Corbett, OR cost?

Median Sold Price

$662,150

$284/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$437,850(-39.8%)

Key Takeaway

Homes in Corbett have sold for 39.8% less than they did a month ago.

Summary: The median home sold price in Corbett was $662,150 in October 2024, down 39.8% from last month, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $930K-
N/A
3 $1.1M$662.1K
-39.8%
4 -$935K
N/A
5+ $1.9M$310K
-84.5%

Summary: Corbett housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 39.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 84.5%.

Housing Supply in Corbett, OR

How many homes are available in Corbett, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1918-5.3%

Summary: The Corbett real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 89
+12.5%
4 33
0.0%
5+ 54
-20.0%

Summary: The Corbett housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were 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 Corbett, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Corbett in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Corbett, OR

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

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days114 Days+660.0%

Summary: Homes in Corbett had an average of 114 days on market in Oct 2024, up by 660% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Corbett has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Corbett; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 16 Days Ago

Newest Listings in Corbett, OR

Nearby Markets to Corbett, OR

What housing markets are near Corbett, OR?