$4,393 Closing Credit*
$369,900
1,344 SqFt
3 Beds
•2 Full Baths
Sherry Sebree, Listing Office: Cadwell Realty Group
Is Sweet Home, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sweet Home was a Seller's Market.
Key Takeaway
Sweet Home 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 Sweet Home, OR
How much do homes in Sweet Home, OR cost?
Median Sold Price
$340,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,500(-0.7%)
Key Takeaway
Homes in Sweet Home have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Sweet Home was $340,000 in October 2024, down 0.7% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232K | $151.2K | -34.8% |
| 2 Bedrooms | $250K | $295K | +18.0% |
| 3 Bedrooms | $350K | $349.5K | -0.1% |
| 4 Bedrooms | $384.3K | $421.5K | +9.7% |
| 5+ Bedrooms | $445K | $399K | -10.3% |
Summary: Sweet Home housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.8%, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 10.3%.
Housing Supply in Sweet Home, OR
How many homes are available in Sweet Home, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 49 | -9.3% |
Summary: The Sweet Home real estate market had 49 homes for sale in October 2024, a 9.3% 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 | 16 | 13 | -18.8% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Sweet Home 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 18.8%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
3 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 Sweet Home, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sweet Home in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Sweet Home, OR
How long does it take to sell a home in Sweet Home, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 33 Days | -56.9% |
Summary: Homes in Sweet Home had an average of 33 days on market in Oct 2024, down by 56.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sweet Home are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Sweet Home; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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