$3,206 Closing Credit*
$270,000
1,874 SqFt
3 Beds
•1 Full Bath
Linda Shirley, Listing Office: Blue Summit Realty Group
Is La Grande, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, La Grande has remained a Seller's Market.
Key Takeaway
La Grande is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Grande, OR
How much do homes in La Grande, OR cost?
Median Sold Price
$310,000
$185/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since December 2023.
Key Takeaway
The sold price of homes in La Grande has remained the same since last year.
Summary: The median home sold price in La Grande was $310,000 in December 2024, the same as last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.5K | $210K | +31.7% |
| 2 Bedrooms | $248K | $230.9K | -6.9% |
| 3 Bedrooms | $318K | $322.5K | +1.4% |
| 4 Bedrooms | $347K | $365K | +5.2% |
| 5+ Bedrooms | $385K | $463K | +20.3% |
Summary: La Grande housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.7%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 20.3%.
Housing Supply in La Grande, OR
How many homes are available in La Grande, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 49 | -3.9% |
Summary: The La Grande real estate market had 49 homes for sale in December 2024, a 3.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The La Grande housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 14 | +180.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Grande, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in La Grande in December 2024, up by 180.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for La Grande, OR
How long does it take to sell a home in La Grande, OR?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 55 Days | +87.0% |
Summary: Homes in La Grande had an average of 55 days on market in Dec 2024, up by 87% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Grande are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 14 homes were sold in La Grande; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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