$7,101 Closing Credit*
$598,000
1,152 SqFt
2 Beds
•1 Full Bath
Kim Nye, Listing Office: Siskiyou Coast Realty
Is Port Orford, 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, Port Orford was a Neutral Market.
Key Takeaway
Port Orford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Port Orford, OR
How much do homes in Port Orford, OR cost?
Median Sold Price
$412,500
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,550(+3.1%)
Key Takeaway
Homes in Port Orford have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Port Orford was $412,500 in October 2024, up 3.1% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $370K | N/A |
| 2 Bedrooms | $385K | $375K | -2.6% |
| 3 Bedrooms | $365.4K | $497.5K | +36.1% |
| 4 Bedrooms | $510K | $625.7K | +22.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Port Orford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.
Housing Supply in Port Orford, OR
How many homes are available in Port Orford, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Port Orford real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Port Orford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Orford, 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 Port Orford in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Port Orford, OR
How long does it take to sell a home in Port Orford, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 97 Days | +352.3% |
Summary: Homes in Port Orford had an average of 97 days on market in Oct 2024, up by 352.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Port Orford are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Port Orford; 25% of homes were sold within 30 days, 25% 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.