$7,588 Closing Credit*
$639,000
1,728 SqFt
2 Beds
•1 Full Bath
Aimee Virnig, Listing Office: Windermere Realty Trust
Is King, 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, King has remained a Seller's Market.
Key Takeaway
King is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in King, OR
How much do homes in King, OR cost?
Median Sold Price
$585,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+2.6%)
Key Takeaway
Homes in King have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in King was $585,000 in November 2024, up 2.6% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $291.2K | $292K | 0.3% |
| 2 Bedrooms | $530K | $503K | -5.1% |
| 3 Bedrooms | $557.5K | $600K | +7.6% |
| 4 Bedrooms | $778K | $771.7K | -0.8% |
| 5+ Bedrooms | $790K | $1.0M | +31.4% |
Summary: King housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 31.4%.
Housing Supply in King, OR
How many homes are available in King, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The King real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The King housing inventory by bedroom type for November 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 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in King, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in King in November 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for King, OR
How long does it take to sell a home in King, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 37 Days | -14.3% |
Summary: Homes in King had an average of 37 days on market in Nov 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in King are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in King; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.