$3,646 Closing Credit*
$307,000
1,364 SqFt
4 Beds
•2 Full Baths
Erin Harding, Listing Office: Lamonte Real Estate Professionals
Is Myrtle Creek-Riddle, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Myrtle Creek-Riddle has remained a Seller's Market.
Key Takeaway
Myrtle Creek-Riddle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Myrtle Creek-Riddle, OR
How much do homes in Myrtle Creek-Riddle, OR cost?
Median Sold Price
$292,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,000(+0.7%)
Key Takeaway
Homes in Myrtle Creek-Riddle have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Myrtle Creek-Riddle was $292,000 in November 2024, up 0.7% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $168K | +38.8% |
| 2 Bedrooms | $220.5K | $240K | +8.8% |
| 3 Bedrooms | $289.5K | $315.9K | +9.1% |
| 4 Bedrooms | $340K | $385K | +13.2% |
| 5+ Bedrooms | $369K | $211K | -42.8% |
Summary: Myrtle Creek-Riddle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 42.8%.
Median Sold Price Compared To Nearby Cities
| Myrtle Creek | $290K | $299.5K | +3.3% |
| Myrtle Creek-Riddle | $290K | $292K | +0.7% |
| Canyonville | $295K | $266.6K | -9.6% |
Housing Supply in Myrtle Creek-Riddle, OR
How many homes are available in Myrtle Creek-Riddle, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 71 | 0.0% |
Summary: The Myrtle Creek-Riddle real estate market had 71 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 44 | 44 | 0.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Myrtle Creek-Riddle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Myrtle Creek-Riddle, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Myrtle Creek-Riddle in November 2024, the same as the previous month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.
Days on Market for Myrtle Creek-Riddle, OR
How long does it take to sell a home in Myrtle Creek-Riddle, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 79 Days | 94 Days | +18.7% |
Summary: Homes in Myrtle Creek-Riddle had an average of 94 days on market in Nov 2024, up by 18.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Myrtle Creek-Riddle are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Myrtle Creek-Riddle; 42% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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