$3,900,000
5,325 SqFt
4 Beds
•3 Full Baths
Maria Abarca Roberts, Listing Office: Cascade Hasson Sotheby's International Realty
Is McKenzie River, 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, McKenzie River was a Neutral Market.
Key Takeaway
McKenzie River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in McKenzie River, OR
How much do homes in McKenzie River, OR cost?
Median Sold Price
$592,500
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,500(+4.9%)
Key Takeaway
Homes in McKenzie River have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in McKenzie River was $592,500 in October 2024, up 4.9% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.5K | $72K | -69.0% |
| 2 Bedrooms | $414.5K | $490K | +18.2% |
| 3 Bedrooms | $650K | $607K | -6.6% |
| 4 Bedrooms | $572.5K | $879K | +53.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: McKenzie River housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 53.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| McKenzie River | $565K | $592.5K | +4.9% |
| Eugene-Springfield | $450K | $449.9K | 0% |
| Marcola | $690K | $610K | -11.6% |
Housing Supply in McKenzie River, OR
How many homes are available in McKenzie River, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 38 | -9.5% |
Summary: The McKenzie River real estate market had 38 homes for sale in October 2024, a 9.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The McKenzie River 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 decreased by 25%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McKenzie River, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in McKenzie River in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for McKenzie River, OR
How long does it take to sell a home in McKenzie River, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 119 Days | +462.4% |
Summary: Homes in McKenzie River had an average of 119 days on market in Oct 2024, up by 462.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in McKenzie River has remained consistent over time.
Summary: During October 2024, 4 homes were sold in McKenzie River; 0% of homes were sold within 30 days, 50% 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.