Is Government Camp, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Government Camp is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Government Camp was a Seller's Market.

Key Takeaway

Government Camp is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Government Camp, OR

How much do homes in Government Camp, OR cost?

Median Sold Price

$909,700

$572/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$124,700(+15.9%)

Key Takeaway

Homes in Government Camp have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Government Camp was $909,700 in November 2024, up 15.9% from last year, and the median price per square foot was $572.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$307K
N/A
2 $737.5K$921.2K
+24.9%
3 $755K$801.5K
+6.2%
4 $2.1M$1.0M
-50.0%
5+ $1.6M-
N/A

Summary: Government Camp 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 24.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Government Camp
+15.9%
Mount Hood
+0.8%
Rhododendron
-7.3%

Housing Supply in Government Camp, OR

How many homes are available in Government Camp, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1214+16.7%

Summary: The Government Camp real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 67
+16.7%
4 34
+33.3%
5+ 11
0.0%

Summary: The Government Camp 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 increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Government Camp, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Government Camp in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Government Camp, OR

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

Average Sale Time

Nov 2023Nov 2024CHANGE
87 Days58 Days-33.9%

Summary: Homes in Government Camp had an average of 58 days on market in Nov 2024, down by 33.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Government Camp has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Government Camp; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Government Camp, OR

Nearby Markets to Government Camp, OR

What housing markets are near Government Camp, OR?