Is Neskowin, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neskowin is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Neskowin was a Buyer's Market.

Key Takeaway

Neskowin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Neskowin, OR

How much do homes in Neskowin, OR cost?

Median Sold Price

$649,500

$324/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$263,500(+68.3%)

Key Takeaway

Homes in Neskowin have sold for 68.3% more than they did a month ago.

Summary: The median home sold price in Neskowin was $649,500 in December 2024, up 68.3% from last month, and the median price per square foot was $324.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $361K$499K
+38.2%
3 $1.0M$800K
-20.6%
4 $386K-
N/A
5+ --
N/A

Summary: Neskowin housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.2%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Neskowin
+68.3%
Beaver
-3.3%
Grand Ronde
-32.3%

Housing Supply in Neskowin, OR

How many homes are available in Neskowin, OR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2523-8.0%

Summary: The Neskowin real estate market had 23 homes for sale in December 2024, a 8.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1111
0.0%
4 98
-11.1%
5+ 11
0.0%

Summary: The Neskowin housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Neskowin, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Neskowin in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Neskowin, OR

How long does it take to sell a home in Neskowin, OR?

Average Sale Time

Nov 2024Dec 2024CHANGE
34 Days95 Days+179.4%

Summary: Homes in Neskowin had an average of 95 days on market in Dec 2024, up by 179.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Neskowin are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in Neskowin; 25% of homes were sold within 30 days, 25% 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 1 Day Ago

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