$7,244 Closing Credit*
$610,000
1,956 SqFt
4 Beds
•2 Full Baths
John Varner, Listing Office: John A Varner Realty
Is Gladstone, 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, Gladstone has remained a Seller's Market.
Key Takeaway
Gladstone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gladstone, OR
How much do homes in Gladstone, OR cost?
Median Sold Price
$514,656
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,656(+6.1%)
Key Takeaway
Homes in Gladstone have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Gladstone was $514,656 in October 2024, up 6.1% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | - | N/A |
| 2 Bedrooms | $378K | $360K | -4.8% |
| 3 Bedrooms | $470K | $482.4K | +2.6% |
| 4 Bedrooms | $560K | $550K | -1.8% |
| 5+ Bedrooms | $650.5K | $574.9K | -11.6% |
Summary: Gladstone 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 4.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 11.6%.
Median Sold Price Compared To Nearby Cities
| Gladstone | $485K | $514.6K | +6.1% |
| Northwest Clackamas | $615.8K | $637.8K | +3.6% |
| Oregon City | $580K | $599.7K | +3.4% |
| Clackamas | $585K | $579.9K | -0.9% |
Housing Supply in Gladstone, OR
How many homes are available in Gladstone, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Summary: The Gladstone real estate market had 33 homes for sale in October 2024, a 8.3% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Gladstone 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 decreased by 66.7%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gladstone, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Gladstone in October 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Gladstone, OR
How long does it take to sell a home in Gladstone, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 37 Days | +305.6% |
Summary: Homes in Gladstone had an average of 37 days on market in Oct 2024, up by 305.6% compared to last year.
Breakdown of Home Sale Times
3 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 Gladstone are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Gladstone; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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.