Is Kellogg-Yoncalla, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kellogg-Yoncalla is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Kellogg-Yoncalla was a Neutral Market.

Key Takeaway

Kellogg-Yoncalla is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kellogg-Yoncalla, OR

How much do homes in Kellogg-Yoncalla, OR cost?

Median Sold Price

$367,500

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$20,000(-5.2%)

Key Takeaway

Homes in Kellogg-Yoncalla have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Kellogg-Yoncalla was $367,500 in October 2024, down 5.2% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $576K$275K
-52.3%
2 $240K$266.5K
+11.0%
3 $355K$455K
+28.2%
4 $640K$526.5K
-17.7%
5+ $1.5M$383.5K
-74.4%

Summary: Kellogg-Yoncalla housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.3%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 28.2%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes decreased by 74.4%.

Housing Supply in Kellogg-Yoncalla, OR

How many homes are available in Kellogg-Yoncalla, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1517+13.3%

Summary: The Kellogg-Yoncalla real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 911
+22.2%
4 22
0.0%
5+ 32
-33.3%

Summary: The Kellogg-Yoncalla 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 increased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kellogg-Yoncalla, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Kellogg-Yoncalla in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Kellogg-Yoncalla, OR

How long does it take to sell a home in Kellogg-Yoncalla, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days94 Days+3044.4%

Summary: Homes in Kellogg-Yoncalla had an average of 94 days on market in Oct 2024, up by 3044.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kellogg-Yoncalla are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Kellogg-Yoncalla; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Kellogg-Yoncalla, OR

Nearby Markets to Kellogg-Yoncalla, OR

What housing markets are near Kellogg-Yoncalla, OR?