Is Sisters-Millican, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sisters-Millican is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Sisters-Millican has remained a Neutral Market.

Key Takeaway

Sisters-Millican 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 Sisters-Millican, OR

How much do homes in Sisters-Millican, OR cost?

Median Sold Price

$563,500

$408/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$12,750(-2.2%)

Key Takeaway

Homes in Sisters-Millican have sold for 2.2% less than they did a month ago.

Summary: The median home sold price in Sisters-Millican was $563,500 in October 2024, down 2.2% from last month, and the median price per square foot was $408.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $444K$727.5K
+63.9%
3 $462.5K$563.5K
+21.8%
4 $1.4M-
N/A
5+ --
N/A

Summary: Sisters-Millican housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.9%, 3 bedroom homes increased by 21.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

La Pine
+21.8%
Sisters-Millican
-2.2%

Housing Supply in Sisters-Millican, OR

How many homes are available in Sisters-Millican, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2726-3.7%

Summary: The Sisters-Millican real estate market had 26 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1414
0.0%
4 53
-40.0%
5+ 23
+50.0%

Summary: The Sisters-Millican 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sisters-Millican, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sisters-Millican in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sisters-Millican, OR

How long does it take to sell a home in Sisters-Millican, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
19 Days60 Days+205.1%

Summary: Homes in Sisters-Millican had an average of 60 days on market in Oct 2024, up by 205.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Sisters-Millican has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Sisters-Millican; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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

Newest Listings in Sisters-Millican, OR

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