$3,741 Closing Credit*
$315,000
1,200 SqFt
2 Beds
•2 Full Baths
Emily Williamson, Listing Office: Hybrid Real Estate
Is Sutherlin, 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, Sutherlin has remained a Seller's Market.
Key Takeaway
Sutherlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sutherlin, OR
How much do homes in Sutherlin, OR cost?
Median Sold Price
$350,000
$242/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Sutherlin has remained the same since last year.
Summary: The median home sold price in Sutherlin was $350,000 in October 2024, the same as last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202K | - | N/A |
| 2 Bedrooms | $230K | $272.4K | +18.5% |
| 3 Bedrooms | $360K | $350K | -2.8% |
| 4 Bedrooms | $417.5K | $422.5K | +1.2% |
| 5+ Bedrooms | $643K | - | N/A |
Summary: Sutherlin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.
Housing Supply in Sutherlin, OR
How many homes are available in Sutherlin, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 40 | -13.0% |
Summary: The Sutherlin real estate market had 40 homes for sale in October 2024, a 13.0% decrease 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 33 | 29 | -12.1% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sutherlin 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 decreased by 25%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sutherlin, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Sutherlin in October 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Sutherlin, OR
How long does it take to sell a home in Sutherlin, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 35 Days | -45.6% |
Summary: Homes in Sutherlin had an average of 35 days on market in Oct 2024, down by 45.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sutherlin are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Sutherlin; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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. 
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.