Is Laurel Hill Valley, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laurel Hill Valley is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Laurel Hill Valley was a Neutral Market.

Key Takeaway

Laurel Hill Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Laurel Hill Valley, OR

How much do homes in Laurel Hill Valley, OR cost?

Median Sold Price

$610,000

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,835(-2.7%)

Key Takeaway

Homes in Laurel Hill Valley have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Laurel Hill Valley was $610,000 in October 2024, down 2.7% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $455K$310.5K
-31.8%
3 $616.8K$600.1K
-2.7%
4 $750.1K$667.4K
-11.0%
5+ $504.5K$1.1M
+129.9%

Summary: Laurel Hill Valley 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 31.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 129.9%.

Housing Supply in Laurel Hill Valley, OR

How many homes are available in Laurel Hill Valley, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2417-29.2%

Summary: The Laurel Hill Valley real estate market had 17 homes for sale in October 2024, a 29.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 137
-46.2%
4 109
-10.0%
5+ 11
0.0%

Summary: The Laurel Hill Valley 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 46.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laurel Hill Valley, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Laurel Hill Valley in October 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Laurel Hill Valley, OR

How long does it take to sell a home in Laurel Hill Valley, OR?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Laurel Hill Valley has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Laurel Hill Valley; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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