$3,384 Closing Credit*
$285,000
739 SqFt
1 Bed
•1 Full Bath
Adele Iaquinta, Listing Office: Knipe Realty ERA Powered
Is Old Town-Chinatown, 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, Old Town-Chinatown was a Seller's Market.
Key Takeaway
Old Town-Chinatown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Old Town-Chinatown, OR
How much do homes in Old Town-Chinatown, OR cost?
Median Sold Price
$250,000
$261/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$500(+0.2%)
Key Takeaway
The sold price of homes in Old Town-Chinatown has remained the same since last month.
Summary: The median home sold price in Old Town-Chinatown was $250,000 in November 2024, up 0.2% from last month, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219.5K | $250K | +13.9% |
| 2 Bedrooms | $296K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Old Town-Chinatown housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 13.9%, 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 Old Town-Chinatown, OR
How many homes are available in Old Town-Chinatown, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Old Town-Chinatown real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 13 | -13.3% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Old Town-Chinatown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
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 Old Town-Chinatown, 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 Old Town-Chinatown in November 2024, down by 75.0% 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 Old Town-Chinatown, OR
How long does it take to sell a home in Old Town-Chinatown, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 248 Days | 174 Days | -29.8% |
Summary: Homes in Old Town-Chinatown had an average of 174 days on market in Nov 2024, down by 29.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Old Town-Chinatown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Old Town-Chinatown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.