$3,918 Closing Credit*
$329,900
615 SqFt
1 Bed
•1 Full Bath
Donovan Birch, Listing Office: John L Scott Portland SW
Is Tillamook County, 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 County was a Seller's Market.
Key Takeaway
Tillamook County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tillamook County, OR
How much do homes in Tillamook County, OR cost?
Median Sold Price
$514,666
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$31,333(-5.7%)
Key Takeaway
Homes in Tillamook County have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Tillamook County was $514,666 in October 2024, down 5.7% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $310K | -8.8% |
| 2 Bedrooms | $399K | $420K | +5.3% |
| 3 Bedrooms | $568.2K | $572.3K | +0.7% |
| 4 Bedrooms | $725K | $635K | -12.4% |
| 5+ Bedrooms | $950K | $902.5K | -5.0% |
Summary: Tillamook County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Counties
| Washington County | $569.8K | $587.2K | +3.0% |
| Yamhill County | $479.8K | $485.1K | +1.1% |
| Clatsop County | $546.8K | $542.8K | -0.7% |
| Tillamook County | $546K | $514.6K | -5.7% |
| Polk County | $469K | $440K | -6.2% |
Housing Supply in Tillamook County, OR
How many homes are available in Tillamook County, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 226 | 219 | -3.1% |
Summary: The Tillamook County real estate market had 219 homes for sale in October 2024, a 3.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 40 | 40 | 0.0% |
| 3 Bedrooms | 114 | 105 | -7.9% |
| 4 Bedrooms | 55 | 53 | -3.6% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Tillamook County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 22 | -38.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tillamook County, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Tillamook County in October 2024, down by 38.9% month-over-month. Of the 22 sold homes, 77% were sold under asking, 9% were sold at asking, and 14% were sold over asking.
Days on Market for Tillamook County, OR
How long does it take to sell a home in Tillamook County, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 86 Days | +40.4% |
Summary: Homes in Tillamook County had an average of 86 days on market in Oct 2024, up by 40.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Tillamook County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 22 homes were sold in Tillamook County; 23% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 50% 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.