$6,116 Closing Credit*
$515,000
1,322 SqFt
3 Beds
•2 Full Baths
Doug Bergmann, Traci Binder, Listing Office: John L. Scott
Is Tigard, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,900(+2.0%)
Key Takeaway
Homes in Tigard have sold for 2% more than they did a year ago.
Summary: The median home sold price in Tigard was $600,000 in November 2024, up 2% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $210K | +16.7% |
| 2 Bedrooms | $412K | $453.7K | +10.1% |
| 3 Bedrooms | $550K | $582.2K | +5.9% |
| 4 Bedrooms | $672.5K | $690.2K | +2.6% |
| 5+ Bedrooms | $821.5K | $778.5K | -5.2% |
Summary: Tigard housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Lake Oswego | $885K | $918K | +3.7% |
| Tigard | $588.1K | $600K | +2.0% |
| King City | $400K | $399.9K | 0% |
| Tualatin | $637.5K | $635.4K | -0.3% |
Housing Supply in Tigard, OR
How many homes are available in Tigard, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 199 | 181 | -9.0% |
Summary: The Tigard real estate market had 181 homes for sale in November 2024, a 9.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 35 | 28 | -20.0% |
| 3 Bedrooms | 73 | 68 | -6.8% |
| 4 Bedrooms | 62 | 59 | -4.8% |
| 5+ Bedrooms | 27 | 24 | -11.1% |
Summary: The Tigard housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 41 | -4.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tigard, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Tigard in November 2024, down by 4.7% month-over-month. Of the 41 sold homes, 41% were sold under asking, 27% were sold at asking, and 32% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 30 Days | -26.7% |
Summary: Homes in Tigard had an average of 30 days on market in Nov 2024, down by 26.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 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 November 2024, 41 homes were sold in Tigard; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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