$7,101 Closing Credit*
$598,000
1,519 SqFt
3 Beds
•3 Full Baths
Alice Chan, Listing Office: Alice Chan Homes
Is Tigard, 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, Tigard has remained a Seller's Market.
Key Takeaway
Tigard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tigard, OR
How much do homes in Tigard, OR cost?
Median Sold Price
$600,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,466(+1.6%)
Key Takeaway
Homes in Tigard have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Tigard was $600,000 in October 2024, up 1.6% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $210K | -2.3% |
| 2 Bedrooms | $415K | $450K | +8.4% |
| 3 Bedrooms | $551.3K | $576.6K | +4.6% |
| 4 Bedrooms | $674.5K | $691.7K | +2.6% |
| 5+ Bedrooms | $818.1K | $790K | -3.4% |
Summary: Tigard housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Lake Oswego | $875K | $926.2K | +5.9% |
| Tigard | $590.5K | $600K | +1.6% |
| King City | $399.9K | $399.9K | 0.0% |
| Tualatin | $647.4K | $635.9K | -1.8% |
Housing Supply in Tigard, OR
How many homes are available in Tigard, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 205 | 203 | -1.0% |
Summary: The Tigard real estate market had 203 homes for sale in October 2024, a 1.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 39 | 34 | -12.8% |
| 3 Bedrooms | 72 | 74 | +2.8% |
| 4 Bedrooms | 66 | 64 | -3.0% |
| 5+ Bedrooms | 26 | 29 | +11.5% |
Summary: The Tigard 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 12.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 39 | -27.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tigard, you may be able to get a good deal. 41% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Tigard in October 2024, down by 27.8% month-over-month. Of the 39 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% were sold over asking.
Days on Market for Tigard, OR
How long does it take to sell a home in Tigard, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 44 Days | +64.0% |
Summary: Homes in Tigard had an average of 44 days on market in Oct 2024, up by 64% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tigard are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in Tigard; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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.