$8,063 Closing Credit*
$679,000
3,060 SqFt
2 Beds
•2 Full Baths
Susy Beck, Listing Office: John L. Scott Real Estate Grants Pass
Is Grants Pass, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Grants Pass was a Buyer's Market.
Key Takeaway
Grants Pass 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 Grants Pass, OR
How much do homes in Grants Pass, OR cost?
Median Sold Price
$542,500
$268/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$247,500(+83.9%)
Key Takeaway
Homes in Grants Pass have sold for 83.9% more than they did a month ago.
Summary: The median home sold price in Grants Pass was $542,500 in November 2024, up 83.9% from last month, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $540K | N/A |
| 3 Bedrooms | $465K | $545K | +17.2% |
| 4 Bedrooms | $258K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Grants Pass housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Grants Pass, OR
How many homes are available in Grants Pass, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The Grants Pass real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grants Pass housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grants Pass, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Grants Pass in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Grants Pass, OR
How long does it take to sell a home in Grants Pass, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 65 Days | +208.2% |
Summary: Homes in Grants Pass had an average of 65 days on market in Nov 2024, up by 208.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grants Pass has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Grants Pass; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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