$175,000
0.27 Acres
Land
Deidra Ripsom, Listing Office: Homestead Co.
Is Joseph, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Joseph was a Buyer's Market.
Key Takeaway
Joseph is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Joseph, OR
How much do homes in Joseph, OR cost?
Median Sold Price
$472,500
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,000(+6.3%)
Key Takeaway
Homes in Joseph have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Joseph was $472,500 in October 2024, up 6.3% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320.1K | $347.8K | +8.7% |
| 2 Bedrooms | $211.2K | $472.5K | +123.7% |
| 3 Bedrooms | $570K | $550.5K | -3.4% |
| 4 Bedrooms | $579K | $640K | +10.5% |
| 5+ Bedrooms | $799K | - | N/A |
Summary: Joseph housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 123.7%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.
Housing Supply in Joseph, OR
How many homes are available in Joseph, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Joseph real estate market had 12 homes for sale in October 2024, a 7.7% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Joseph 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Joseph, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Joseph in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Joseph, OR
How long does it take to sell a home in Joseph, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 82 Days | +448.9% |
Summary: Homes in Joseph had an average of 82 days on market in Oct 2024, up by 448.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Joseph are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Joseph; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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