$3,907 Closing Credit*
$329,000
1,276 SqFt
3 Beds
•1 Full Bath
Sally Harmon, Listing Office: Oakridge Real Estate
Is Oakridge, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Oakridge has remained a Buyer's Market.
Key Takeaway
Oakridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oakridge, OR
How much do homes in Oakridge, OR cost?
Median Sold Price
$306,000
$202/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$186,000(+155.0%)
Key Takeaway
Homes in Oakridge have sold for 155% more than they did a month ago.
Summary: The median home sold price in Oakridge was $306,000 in October 2024, up 155% from last month, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $140K | - | N/A |
| 3 Bedrooms | - | $306K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Oakridge housing prices by bedroom type for October 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 did not change, and 5+ bedroom homes did not change.
Housing Supply in Oakridge, OR
How many homes are available in Oakridge, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 26 | +36.8% |
Summary: The Oakridge real estate market had 26 homes for sale in October 2024, a 36.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Oakridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oakridge, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Oakridge in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Oakridge, OR
How long does it take to sell a home in Oakridge, OR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 Days | 10 Days | -93.3% |
Summary: Homes in Oakridge had an average of 10 days on market in Oct 2024, down by 93.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oakridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Oakridge; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.