$6,519 Closing Credit*
$549,000
2,182 SqFt
4 Beds
•2 Full Baths
Kurt Davidson, Listing Office: Keller Williams PDX Central
Is Keizer, 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, Keizer has remained a Seller's Market.
Key Takeaway
Keizer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Keizer, OR
How much do homes in Keizer, OR cost?
Median Sold Price
$442,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,500(-0.6%)
Key Takeaway
Homes in Keizer have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Keizer was $442,000 in November 2024, down 0.6% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $274.9K | -15.4% |
| 2 Bedrooms | $409K | $386K | -5.6% |
| 3 Bedrooms | $424.5K | $430K | +1.3% |
| 4 Bedrooms | $520K | $498K | -4.2% |
| 5+ Bedrooms | $593.3K | $567.2K | -4.4% |
Summary: Keizer housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 4.4%.
Housing Supply in Keizer, OR
How many homes are available in Keizer, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 48 | -20.0% |
Summary: The Keizer real estate market had 48 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 38 | 30 | -21.1% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Keizer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Keizer, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Keizer in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for Keizer, OR
How long does it take to sell a home in Keizer, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 44 Days | +41.1% |
Summary: Homes in Keizer had an average of 44 days on market in Nov 2024, up by 41.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Keizer are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Keizer; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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