$8,538 Closing Credit*
$719,000
1,961 SqFt
3 Beds
•2 Full Baths
Laura Walsh, Listing Office: Pete Anderson Realty
Is Manzanita, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Manzanita was a Seller's Market.
Key Takeaway
Manzanita is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Manzanita, OR
How much do homes in Manzanita, OR cost?
Median Sold Price
$942,000
$575/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$99,500(+11.8%)
Key Takeaway
Homes in Manzanita have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Manzanita was $942,000 in October 2024, up 11.8% from last year, and the median price per square foot was $575.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $650K | $998K | +53.5% |
| 2 Bedrooms | $630K | $699.5K | +11.0% |
| 3 Bedrooms | $875K | $932K | +6.5% |
| 4 Bedrooms | $846.5K | $1.1M | +37.8% |
| 5+ Bedrooms | $1.5M | $1.1M | -23.5% |
Summary: Manzanita housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.5%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes decreased by 23.5%.
Housing Supply in Manzanita, OR
How many homes are available in Manzanita, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The Manzanita real estate market had 21 homes for sale in October 2024, a 22.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Manzanita 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 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manzanita, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Manzanita in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Manzanita, OR
How long does it take to sell a home in Manzanita, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 54 Days | -18.9% |
Summary: Homes in Manzanita had an average of 54 days on market in Oct 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Manzanita are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Manzanita; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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