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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dundee is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Dundee was a Buyer's Market.

Key Takeaway

Dundee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dundee, OR

How much do homes in Dundee, OR cost?

Median Sold Price

$480,000

$305/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$1,386,250(-74.3%)

Key Takeaway

Homes in Dundee have sold for 74.3% less than they did a month ago.

Summary: The median home sold price in Dundee was $480,000 in October 2024, down 74.3% from last month, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.8M$521.8K
-72.0%
4 -$459.9K
N/A
5+ --
N/A

Summary: Dundee 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 72%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dundee, OR

How many homes are available in Dundee, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The Dundee real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 108
-20.0%
4 68
+33.3%
5+ 00
0.0%

Summary: The Dundee 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 decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was 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 Dundee, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dundee in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Dundee, OR

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

Average Sale Time

Sep 2024Oct 2024CHANGE
62 Days20 Days-68.0%

Summary: Homes in Dundee had an average of 20 days on market in Oct 2024, down by 68% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dundee are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Dundee; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 Dundee, OR

Nearby Markets to Dundee, OR