$9,500 Closing Credit*
$799,999
2,320 SqFt
4 Beds
•3 Full Baths
Heather Lamkins, Listing Office: Think Real Estate
Is Rose City Park, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rose City Park has remained a Seller's Market.
Key Takeaway
Rose City Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rose City Park, OR
How much do homes in Rose City Park, OR cost?
Median Sold Price
$595,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$65,000(-9.8%)
Key Takeaway
Homes in Rose City Park have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in Rose City Park was $595,000 in October 2024, down 9.8% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $260K | -3.7% |
| 2 Bedrooms | $467.5K | $452.5K | -3.2% |
| 3 Bedrooms | $630.5K | $624K | -1.0% |
| 4 Bedrooms | $760K | $726.2K | -4.4% |
| 5+ Bedrooms | $790K | $1.0M | +34.5% |
Summary: Rose City Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 34.5%.
Housing Supply in Rose City Park, OR
How many homes are available in Rose City Park, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 45 | +7.1% |
Summary: The Rose City Park real estate market had 45 homes for sale in October 2024, a 7.1% increase 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 | 13 | 14 | +7.7% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Rose City Park 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 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rose City Park, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Rose City Park in October 2024, up by 116.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for Rose City Park, OR
How long does it take to sell a home in Rose City Park, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 25 Days | +177.8% |
Summary: Homes in Rose City Park had an average of 25 days on market in Oct 2024, up by 177.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rose City Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Rose City Park; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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.