$4,838 Closing Credit*
$407,400
1,441 SqFt
3 Beds
•2 Full Baths
Patricia Knowles, Jason Merritt, Listing Office: Lennar Sales Corp
Is North Plains, 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, North Plains has remained a Seller's Market.
Key Takeaway
North Plains is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Plains, OR
How much do homes in North Plains, OR cost?
Median Sold Price
$599,900
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,200(+10.9%)
Key Takeaway
Homes in North Plains have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in North Plains was $599,900 in November 2024, up 10.9% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $520K | $675K | +29.8% |
| 3 Bedrooms | $512.9K | $537.4K | +4.8% |
| 4 Bedrooms | $590K | $631.1K | +7.0% |
| 5+ Bedrooms | $735.4K | $730.1K | -0.7% |
Summary: North Plains housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in North Plains, OR
How many homes are available in North Plains, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 57 | -20.8% |
Summary: The North Plains real estate market had 57 homes for sale in November 2024, a 20.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 40 | 32 | -20.0% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The North Plains housing inventory by bedroom type for November 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 25%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Plains, expect to pay close to the asking price. 47.4% of homes here sold near the asking price last month.
Summary: A total of 19 homes were sold or pending in North Plains in November 2024, down by 13.6% month-over-month. Of the 19 sold homes, 21% were sold under asking, 47% were sold at asking, and 32% were sold over asking.
Days on Market for North Plains, OR
How long does it take to sell a home in North Plains, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 31 Days | +35.9% |
Summary: Homes in North Plains had an average of 31 days on market in Nov 2024, up by 35.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Plains are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in North Plains; 58% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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