$9,499 Closing Credit*
$799,900
2,324 SqFt
4 Beds
•3 Full Baths
Timothy Fowler, Listing Office: Keller Williams Premier Partners
Is Overlook, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Overlook was a Seller's Market.
Key Takeaway
Overlook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Overlook, OR
How much do homes in Overlook, OR cost?
Median Sold Price
$550,420
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$37,080(-6.3%)
Key Takeaway
Homes in Overlook have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in Overlook was $550,420 in October 2024, down 6.3% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289K | $307.5K | +6.4% |
| 2 Bedrooms | $438.5K | $432.5K | -1.4% |
| 3 Bedrooms | $658K | $583K | -11.4% |
| 4 Bedrooms | $662.5K | $669.7K | +1.1% |
| 5+ Bedrooms | $815K | $799.9K | -1.9% |
Summary: Overlook housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in Overlook, OR
How many homes are available in Overlook, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Summary: The Overlook real estate market had 45 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Overlook housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Overlook, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Overlook in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Overlook, OR
How long does it take to sell a home in Overlook, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 11 Days | -30.8% |
Summary: Homes in Overlook had an average of 11 days on market in Oct 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Overlook are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Overlook; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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