$7,422 Closing Credit*
$625,000
1,812 SqFt
2 Beds
•2 Full Baths
Justin Gonzales, Linda Garber, Listing Office: Windermere RE Lane County
Is Marcola, 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, Marcola was a Seller's Market.
Key Takeaway
Marcola is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marcola, OR
How much do homes in Marcola, OR cost?
Median Sold Price
$610,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$80,000(-11.6%)
Key Takeaway
Homes in Marcola have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in Marcola was $610,000 in October 2024, down 11.6% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410K | $442K | +7.8% |
| 3 Bedrooms | $680K | $600K | -11.8% |
| 4 Bedrooms | $819K | $775K | -5.4% |
| 5+ Bedrooms | $634.9K | $450K | -29.1% |
Summary: Marcola 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 increased by 7.8%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 29.1%.
Median Sold Price Compared To Nearby Cities
| McKenzie River | $565K | $592.5K | +4.9% |
| Springfield | $415K | $425K | +2.4% |
| Eugene-Springfield | $450K | $449.9K | 0% |
| Marcola | $690K | $610K | -11.6% |
Housing Supply in Marcola, OR
How many homes are available in Marcola, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Marcola real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marcola housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 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 Marcola, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Marcola in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Marcola, OR
How long does it take to sell a home in Marcola, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 103 Days | +49.3% |
Summary: Homes in Marcola had an average of 103 days on market in Oct 2024, up by 49.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Marcola are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Marcola; 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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.