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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockcreek is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rockcreek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rockcreek, OR

How much do homes in Rockcreek, OR cost?

Median Sold Price

$662,995

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$36,972(+5.9%)

Key Takeaway

Homes in Rockcreek have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Rockcreek was $662,995 in October 2024, up 5.9% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $280K$251.2K
-10.3%
2 $374.5K$365K
-2.5%
3 $550K$558K
+1.5%
4 $739.4K$748.7K
+1.3%
5+ $929.9K$923.5K
-0.7%

Summary: Rockcreek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Cities

Rockcreek
+5.9%
Hillsboro
+3.7%
Beaverton-Hillsboro
+3.7%
Portland West
+3.0%
Beaverton
+2.5%

Housing Supply in Rockcreek, OR

How many homes are available in Rockcreek, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
310313+1.0%

Summary: The Rockcreek real estate market had 313 homes for sale in October 2024, a 1.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 48
+100.0%
2 4854
+12.5%
3 9192
+1.1%
4 9495
+1.1%
5+ 7364
-12.3%

Summary: The Rockcreek housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 12.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6866-2.9%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockcreek, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Rockcreek in October 2024, down by 2.9% month-over-month. Of the 66 sold homes, 52% were sold under asking, 23% were sold at asking, and 26% were sold over asking.

Days on Market for Rockcreek, OR

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days65 Days+83.1%

Summary: Homes in Rockcreek had an average of 65 days on market in Oct 2024, up by 83.1% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rockcreek are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 66 homes were sold in Rockcreek; 45% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 21% 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 16 Days Ago

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