$9,203 Closing Credit*
$775,000
2,732 SqFt
5 Beds
•3 Full Baths
Jamie Girvin, Listing Office: Coldwell Banker Bain
Is Gladstone, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$511,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,000(+5.4%)
Key Takeaway
Homes in Gladstone have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Gladstone was $511,000 in November 2024, up 5.4% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | - | N/A |
| 2 Bedrooms | $395K | $360K | -8.9% |
| 3 Bedrooms | $472.5K | $482K | +2.0% |
| 4 Bedrooms | $560K | $556K | -0.7% |
| 5+ Bedrooms | $650.5K | $582.4K | -10.5% |
Summary: Gladstone 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 decreased by 8.9%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Gladstone | $485K | $511K | +5.4% |
| Northwest Clackamas | $616.8K | $637.9K | +3.4% |
| Oregon City | $587.3K | $599.3K | +2.0% |
| Clackamas | $590K | $585K | -0.8% |
Housing Supply in Gladstone, OR
How many homes are available in Gladstone, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Gladstone real estate market had 25 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Gladstone 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gladstone, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Gladstone in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 17 Days | -76.7% |
Summary: Homes in Gladstone had an average of 17 days on market in Nov 2024, down by 76.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gladstone are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Gladstone; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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