$99,000
0.41 Acres
Land
Ryan Kelly, Listing Office: Whitetail Properties Real Estate LLC
Is Friendly, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Friendly has remained a Seller's Market.
Key Takeaway
Friendly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Friendly, OR
How much do homes in Friendly, OR cost?
Median Sold Price
$500,800
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,200(-1.8%)
Key Takeaway
Homes in Friendly have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Friendly was $500,800 in October 2024, down 1.8% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $518K | $422.5K | -18.4% |
| 3 Bedrooms | $491K | $491.3K | 0.1% |
| 4 Bedrooms | $592.5K | $600K | +1.3% |
| 5+ Bedrooms | $1.3M | $624K | -52.0% |
Summary: Friendly 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 decreased by 18.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 52%.
Housing Supply in Friendly, OR
How many homes are available in Friendly, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 27 | +8.0% |
Summary: The Friendly real estate market had 27 homes for sale in October 2024, a 8.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Friendly 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Friendly, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Friendly in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Friendly, OR
How long does it take to sell a home in Friendly, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 46 Days | +161.8% |
Summary: Homes in Friendly had an average of 46 days on market in Oct 2024, up by 161.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Friendly are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Friendly; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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