Is Parkdale, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkdale is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Parkdale has remained a Seller's Market.

Key Takeaway

Parkdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Parkdale, OR

How much do homes in Parkdale, OR cost?

Median Sold Price

$1,325,000

$468/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$739,000(+126.1%)

Key Takeaway

Homes in Parkdale have sold for 126.1% more than they did a month ago.

Summary: The median home sold price in Parkdale was $1,325,000 in November 2024, up 126.1% from last month, and the median price per square foot was $468.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $586K$1.3M
+126.1%
4 --
N/A
5+ --
N/A

Summary: Parkdale 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 increased by 126.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Parkdale
+126.1%
Mount Hood Parkdale
+126.1%
Odell
-6.2%

Housing Supply in Parkdale, OR

How many homes are available in Parkdale, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Parkdale real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Parkdale 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Parkdale in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Parkdale, OR

How long does it take to sell a home in Parkdale, OR?

Average Sale Time

Oct 2024Nov 2024CHANGE
99 Days170 Days+71.7%

Summary: Homes in Parkdale had an average of 170 days on market in Nov 2024, up by 71.7% 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Parkdale 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 Parkdale; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Parkdale, OR

Nearby Markets to Parkdale, OR

What housing markets are near Parkdale, OR?