Housing Prices in South Umpqua, OR

How much do homes in South Umpqua, OR cost?

Median List Price

$314,000

$214/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$35,900(-10.3%)

Key Takeaway

The list price of homes in South Umpqua has decreased by 10.3% since last year.

Summary: The median home list price in South Umpqua was $314,000 in November 2024, down 10.3% from the previous year, and the median price per square foot was $214.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $547K$162.5K
-70.3%
2 $368.2K$250K
-32.1%
3 $364.7K$321.5K
-11.8%
4 $305K$649.9K
+113.1%
5+ $289.5K$487K
+68.2%

Summary: South Umpqua housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.3%, 2 bedroom homes decreased by 32.1%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 113.1%, and 5+ bedroom homes increased by 68.2%.

Median List Price Compared To Nearby Cities

North Umpqua
+18.7%
Myrtle Creek-Riddle
+5.3%
Tenmile
+4.3%
Glendale
-0.6%
South Umpqua
-10.3%

Housing Supply in South Umpqua, OR

How many homes are available in South Umpqua, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2224+9.1%

Summary: The South Umpqua real estate market had 24 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 46
+50.0%
2 66
0.0%
3 98
-11.1%
4 33
0.0%
5+ 01
+100.0%

Summary: The South Umpqua housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for South Umpqua, OR

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

Average Listing Age

Nov 2023Nov 2024CHANGE
138 Days125 Days-9.7%

Summary: Homes in South Umpqua had an average listing age of 125 days in Nov 2024, down by 9.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in South Umpqua, OR

Nearby Markets to South Umpqua, OR

What housing markets are near South Umpqua, OR?