$5,641 Closing Credit*
$475,000
1,032 SqFt
2 Beds
•1 Full Bath
Steve Thomas, Listing Office: eXp Realty LLC
Is Riddle, 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, Riddle has remained a Seller's Market.
Key Takeaway
Riddle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riddle, OR
How much do homes in Riddle, OR cost?
Median Sold Price
$256,500
$179/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$35,000(+15.8%)
Key Takeaway
Homes in Riddle have sold for 15.8% more than they did a month ago.
Summary: The median home sold price in Riddle was $256,500 in October 2024, up 15.8% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $142K | N/A |
| 3 Bedrooms | $232K | $371K | +59.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $211K | - | N/A |
Summary: Riddle 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 increased by 59.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Riddle, OR
How many homes are available in Riddle, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Riddle real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Riddle 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riddle, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Riddle in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Riddle, OR
How long does it take to sell a home in Riddle, OR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 212 Days | +185.2% |
Summary: Homes in Riddle had an average of 212 days on market in Oct 2024, up by 185.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Riddle are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Riddle; 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.
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