$7,422 Closing Credit*
$625,000
1,640 SqFt
3 Beds
•2 Full Baths
Isaac Judd, Listing Office: Hearthstone Real Estate
Is Friendly, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Friendly was a Seller's Market.
Key Takeaway
Friendly is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Friendly, OR
How much do homes in Friendly, OR cost?
Median Sold Price
$495,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$15,600(-3.1%)
Key Takeaway
Homes in Friendly have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Friendly was $495,000 in September 2024, down 3.1% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $440.5K | $410K | -6.9% |
| 3 Bedrooms | $495K | $487.7K | -1.5% |
| 4 Bedrooms | $582.5K | $600K | +3.0% |
| 5+ Bedrooms | $930K | $624K | -32.9% |
Summary: Friendly housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 32.9%.
Housing Supply in Friendly, OR
How many homes are available in Friendly, OR?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Friendly real estate market had 26 homes for sale in September 2024, a 7.1% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 15 | 10 | -33.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Friendly housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 2 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Friendly, 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 Friendly in September 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 24 Days | 7 Days | -71.5% |
Summary: Homes in Friendly had an average of 7 days on market in Sep 2024, down by 71.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Friendly are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Friendly; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.