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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockcreek is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rockcreek was a Seller's Market.

Key Takeaway

Rockcreek is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Rockcreek, OR

How much do homes in Rockcreek, OR cost?

Median Sold Price

$665,128

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,128(+4.7%)

Key Takeaway

Homes in Rockcreek have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Rockcreek was $665,128 in November 2024, up 4.7% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $290K$251.2K
-13.4%
2 $372K$360K
-3.2%
3 $556.7K$555K
-0.3%
4 $739.9K$749.1K
+1.2%
5+ $936.9K$919.5K
-1.9%

Summary: Rockcreek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Cities

Rockcreek
+4.7%
Portland West
+3.5%
Beaverton-Hillsboro
+3.5%
Beaverton
+2.9%
Hillsboro
+2.4%

Housing Supply in Rockcreek, OR

How many homes are available in Rockcreek, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
309270-12.6%

Summary: The Rockcreek real estate market had 270 homes for sale in November 2024, a 12.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 810
+25.0%
2 4947
-4.1%
3 9184
-7.7%
4 9681
-15.6%
5+ 6548
-26.2%

Summary: The Rockcreek housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 26.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6743-35.8%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

9 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. 48.8% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Rockcreek in November 2024, down by 35.8% month-over-month. Of the 43 sold homes, 49% were sold under asking, 30% were sold at asking, and 21% 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

Nov 2023Nov 2024CHANGE
31 Days80 Days+159.0%

Summary: Homes in Rockcreek had an average of 80 days on market in Nov 2024, up by 159% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

16 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 November 2024, 43 homes were sold in Rockcreek; 37% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 37% 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

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