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 Last Month

Since last month, Laurel Hill Valley has remained a Seller's 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

$625,778

$274/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$26,541(+4.4%)

Key Takeaway

Homes in Laurel Hill Valley have sold for 4.4% more than they did a month ago.

Summary: The median home sold price in Laurel Hill Valley was $625,778 in November 2024, up 4.4% from last month, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $630K$529.9K
-15.9%
4 $568.4K$725K
+27.5%
5+ --
N/A

Summary: Laurel Hill Valley housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes did not change.

Housing Supply in Laurel Hill Valley, OR

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1915-21.1%

Summary: The Laurel Hill Valley real estate market had 15 homes for sale in November 2024, a 21.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 128
-33.3%
5+ 00
0.0%

Summary: The Laurel Hill Valley 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were 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, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Laurel Hill Valley in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 75% 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?

Average Sale Time

Oct 2024Nov 2024CHANGE
26 Days96 Days+272.1%

Summary: Homes in Laurel Hill Valley had an average of 96 days on market in Nov 2024, up by 272.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Laurel Hill Valley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Laurel Hill Valley; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in Laurel Hill Valley, OR

Nearby Markets to Laurel Hill Valley, OR