1.25% Closing Credit Back*
Price Not Disclosed
7,660 SqFt
8 Beds
•5 Full Baths
Rhonda Holmsten, Jenny Erhardt, Listing Office: Ark Real Estate
Is Deer Island, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Deer Island was a Neutral Market.
Key Takeaway
Deer Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deer Island, OR
How much do homes in Deer Island, OR cost?
Median Sold Price
$462,500
$225/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$162,500(-26.0%)
Key Takeaway
Homes in Deer Island have sold for 26% less than they did a month ago.
Summary: The median home sold price in Deer Island was $462,500 in November 2024, down 26% from last month, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $85K | N/A |
| 3 Bedrooms | $625K | - | N/A |
| 4 Bedrooms | - | $840K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Deer Island housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Goble | $525K | $752.5K | +43.3% |
| Deer Island | $625K | $462.5K | -26.0% |
Housing Supply in Deer Island, OR
How many homes are available in Deer Island, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Deer Island real estate market had 6 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Deer Island 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 decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deer Island, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Deer Island in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Deer Island, OR
How long does it take to sell a home in Deer Island, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 60 Days | +255.9% |
Summary: Homes in Deer Island had an average of 60 days on market in Nov 2024, up by 255.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Deer Island are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Deer Island; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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