$4,691 Closing Credit*
$395,000
1,146 SqFt
2 Beds
•1 Full Bath
Verne Whittaker, Listing Office: Whittaker Investments Inc
Is Junction City, 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, Junction City has remained a Seller's Market.
Key Takeaway
Junction City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Junction City, OR
How much do homes in Junction City, OR cost?
Median Sold Price
$488,650
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,550(-0.3%)
Key Takeaway
The sold price of homes in Junction City has remained the same since last year.
Summary: The median home sold price in Junction City was $488,650 in October 2024, down 0.3% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $401K | $320K | -20.2% |
| 3 Bedrooms | $467.4K | $458K | -2.0% |
| 4 Bedrooms | $516.9K | $527.4K | +2.0% |
| 5+ Bedrooms | $516.9K | $524.9K | +1.6% |
Summary: Junction City 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 20.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in Junction City, OR
How many homes are available in Junction City, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 49 | -14.0% |
Summary: The Junction City real estate market had 49 homes for sale in October 2024, a 14.0% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 29 | 22 | -24.1% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Junction City 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 24.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Junction City, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Junction City in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
Days on Market for Junction City, OR
How long does it take to sell a home in Junction City, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 60 Days | +151.6% |
Summary: Homes in Junction City had an average of 60 days on market in Oct 2024, up by 151.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Junction City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Junction City; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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.