$6,828 Closing Credit*
$574,960
2,038 SqFt
3 Beds
•2 Full Baths
Jennie Briggs, Douglas Benson, Listing Office: Holt Homes Realty, LLC
Is Cornelius, 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, Cornelius has remained a Seller's Market.
Key Takeaway
Cornelius is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cornelius, OR
How much do homes in Cornelius, OR cost?
Median Sold Price
$514,500
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,500(+5.4%)
Key Takeaway
Homes in Cornelius have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Cornelius was $514,500 in October 2024, up 5.4% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $377.1K | $413K | +9.5% |
| 3 Bedrooms | $473K | $490K | +3.6% |
| 4 Bedrooms | $589.4K | $579.9K | -1.6% |
| 5+ Bedrooms | $655K | $610.9K | -6.7% |
Summary: Cornelius housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Cornelius | $488K | $514.5K | +5.4% |
| Forest Grove-Cornelius | $520K | $520.8K | 0.2% |
| Chehalem Mountains | $811K | $799.5K | -1.4% |
Housing Supply in Cornelius, OR
How many homes are available in Cornelius, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 55 | +7.8% |
Summary: The Cornelius real estate market had 55 homes for sale in October 2024, a 7.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 37 | 41 | +10.8% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Cornelius 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 remained the same, 3 bedroom homes increased by 10.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cornelius, expect to pay close to the asking price. 78.6% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Cornelius in October 2024, up by 40.0% month-over-month. Of the 14 sold homes, 14% were sold under asking, 79% were sold at asking, and 7% were sold over asking.
Days on Market for Cornelius, OR
How long does it take to sell a home in Cornelius, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 27 Days | -54.5% |
Summary: Homes in Cornelius had an average of 27 days on market in Oct 2024, down by 54.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cornelius are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Cornelius; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% 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.