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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scappoose is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Scappoose is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Scappoose, OR

How much do homes in Scappoose, OR cost?

Median Sold Price

$480,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,000(+0.4%)

Key Takeaway

The sold price of homes in Scappoose has remained the same since last year.

Summary: The median home sold price in Scappoose was $480,000 in October 2024, up 0.4% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $152.5K$140K
-8.2%
2 $385.6K$377.5K
-2.1%
3 $470K$467.5K
-0.5%
4 $537.5K$562.4K
+4.6%
5+ $732.5K$487.5K
-33.4%

Summary: Scappoose housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 33.4%.

Housing Supply in Scappoose, OR

How many homes are available in Scappoose, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6663-4.5%

Summary: The Scappoose real estate market had 63 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 1414
0.0%
3 2423
-4.2%
4 1915
-21.1%
5+ 47
+75.0%

Summary: The Scappoose housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scappoose, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Scappoose in October 2024, down by 46.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Scappoose, OR

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

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days29 Days-49.7%

Summary: Homes in Scappoose had an average of 29 days on market in Oct 2024, down by 49.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Scappoose; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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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