$599,000
6.98 Acres
Land
Ryan Fordham, Ashleigh Fordham, Listing Office: Windermere Heritage
Is Silverton, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Silverton has remained a Seller's Market.
Key Takeaway
Silverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Silverton, OR
How much do homes in Silverton, OR cost?
Median Sold Price
$585,000
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$500(+0.1%)
Key Takeaway
The sold price of homes in Silverton has remained the same since last year.
Summary: The median home sold price in Silverton was $585,000 in November 2024, up 0.1% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $383K | - | N/A |
| 2 Bedrooms | $448.5K | $427.5K | -4.7% |
| 3 Bedrooms | $553.4K | $587.5K | +6.2% |
| 4 Bedrooms | $667.5K | $625K | -6.4% |
| 5+ Bedrooms | $695K | - | N/A |
Summary: Silverton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.
Housing Supply in Silverton, OR
How many homes are available in Silverton, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 45 | -6.3% |
Summary: The Silverton real estate market had 45 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Silverton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Silverton, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Silverton in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Silverton, OR
How long does it take to sell a home in Silverton, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 44 Days | -40.2% |
Summary: Homes in Silverton had an average of 44 days on market in Nov 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Silverton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Silverton; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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