$4,619 Closing Credit*
$389,000
1,694 SqFt
4 Beds
•1 Full Bath
Derrick Emmert, Listing Office: White Star Realty, Inc
Is Cully, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cully has remained a Seller's Market.
Key Takeaway
Cully is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cully, OR
How much do homes in Cully, OR cost?
Median Sold Price
$450,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$23,000(-4.9%)
Key Takeaway
Homes in Cully have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Cully was $450,000 in November 2024, down 4.9% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $264.9K | -13.1% |
| 2 Bedrooms | $410K | $357K | -12.9% |
| 3 Bedrooms | $480.5K | $474.4K | -1.3% |
| 4 Bedrooms | $580K | $600K | +3.4% |
| 5+ Bedrooms | $569K | $570K | 0.2% |
Summary: Cully housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in Cully, OR
How many homes are available in Cully, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 46 | -6.1% |
Summary: The Cully real estate market had 46 homes for sale in November 2024, a 6.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Cully housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cully, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Cully in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for Cully, OR
How long does it take to sell a home in Cully, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 74 Days | +130.6% |
Summary: Homes in Cully had an average of 74 days on market in Nov 2024, up by 130.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cully has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Cully; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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