Housing Prices in Drain, OR

How much do homes in Drain, OR cost?

Median List Price

$325,000

$228/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$25,100(+8.4%)

Key Takeaway

The list price of homes in Drain has increased by 8.4% since last year.

Summary: The median home list price in Drain was $325,000 in October 2024, up 8.4% from the previous year, and the median price per square foot was $228.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$310K
N/A
2 $234.9K$273K
+16.2%
3 $309.5K$332K
+7.3%
4 $371.9K$400K
+7.5%
5+ $399K$604.4K
+51.5%

Summary: Drain 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 16.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 51.5%.

Median List Price Compared To Nearby Cities

Elkton-Drain
+16.1%
Drain
+8.4%
Kellogg-Yoncalla
+2.4%

Housing Supply in Drain, OR

How many homes are available in Drain, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
137-46.2%

Summary: The Drain real estate market had 7 homes for sale in October 2024, a 46.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 31
-66.7%
3 63
-50.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Drain housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Drain, OR

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

Average Listing Age

Oct 2023Oct 2024CHANGE
174 Days121 Days-30.3%

Summary: Homes in Drain had an average listing age of 121 days in Oct 2024, down by 30.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Drain, OR

Nearby Markets to Drain, OR

What housing markets are near Drain, OR?