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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estacada is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Estacada was a Neutral Market.

Key Takeaway

Estacada is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Estacada, OR

How much do homes in Estacada, OR cost?

Median Sold Price

$539,900

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,900(+3.8%)

Key Takeaway

Homes in Estacada have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Estacada was $539,900 in November 2024, up 3.8% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $390K$730K
+87.2%
3 $499K$509.9K
+2.2%
4 $549.9K$549.9K
0.0%
5+ $569K$684.9K
+20.4%

Summary: Estacada housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 20.4%.

Housing Supply in Estacada, OR

How many homes are available in Estacada, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9487-7.4%

Summary: The Estacada real estate market had 87 homes for sale in November 2024, a 7.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 3537
+5.7%
4 4638
-17.4%
5+ 119
-18.2%

Summary: The Estacada 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 increased by 50%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estacada, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Estacada in November 2024, up by 5.9% month-over-month. Of the 18 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.

Days on Market for Estacada, OR

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

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days64 Days+129.0%

Summary: Homes in Estacada had an average of 64 days on market in Nov 2024, up by 129% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Estacada; 56% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 28% 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 17 Days Ago

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