$5,046 Closing Credit*
$424,900
1,853 SqFt
4 Beds
•2 Full Baths
Shae Ellison, Listing Office: Platinum Realty
Is North Umpqua, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, North Umpqua was a Buyer's Market.
Key Takeaway
North Umpqua is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Umpqua, OR
How much do homes in North Umpqua, OR cost?
Median Sold Price
$404,000
$285/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$276,000(-40.6%)
Key Takeaway
Homes in North Umpqua have sold for 40.6% less than they did a month ago.
Summary: The median home sold price in North Umpqua was $404,000 in November 2024, down 40.6% from last month, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $367.5K | N/A |
| 3 Bedrooms | - | $423K | N/A |
| 4 Bedrooms | $725K | $863K | +19.0% |
| 5+ Bedrooms | $635K | - | N/A |
Summary: North Umpqua housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Housing Supply in North Umpqua, OR
How many homes are available in North Umpqua, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The North Umpqua real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The North Umpqua 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 increased by 6.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Umpqua, 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 North Umpqua in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for North Umpqua, OR
How long does it take to sell a home in North Umpqua, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 77 Days | +1440.0% |
Summary: Homes in North Umpqua had an average of 77 days on market in Nov 2024, up by 1440% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Umpqua are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in North Umpqua; 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.