$4,453 Closing Credit*
$375,000
1,206 SqFt
3 Beds
•1 Full Bath
Sean Robbins, Listing Office: eXp Realty LLC
Is Tillamook, 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, Tillamook was a Seller's Market.
Key Takeaway
Tillamook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tillamook, OR
How much do homes in Tillamook, OR cost?
Median Sold Price
$399,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+5.3%)
Key Takeaway
Homes in Tillamook have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Tillamook was $399,000 in October 2024, up 5.3% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $234.5K | +17.3% |
| 2 Bedrooms | $274K | $300K | +9.5% |
| 3 Bedrooms | $380K | $392.2K | +3.2% |
| 4 Bedrooms | $417.5K | $462.5K | +10.8% |
| 5+ Bedrooms | $519K | $550K | +6.0% |
Summary: Tillamook housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 6%.
Housing Supply in Tillamook, OR
How many homes are available in Tillamook, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 51 | -10.5% |
Summary: The Tillamook real estate market had 51 homes for sale in October 2024, a 10.5% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 22 | 18 | -18.2% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Tillamook 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 increased by 16.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tillamook, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Tillamook in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Tillamook, OR
How long does it take to sell a home in Tillamook, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 74 Days | 0.4% |
Summary: Homes in Tillamook had an average of 74 days on market in Oct 2024, up by 0.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tillamook are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Tillamook; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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