Is Tillamook County, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tillamook County is a buyer's market

Buyer's
Market

Difference Since November 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

$512,750

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$36,583(-6.7%)

Key Takeaway

Homes in Tillamook County have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Tillamook County was $512,750 in November 2024, down 6.7% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $325K$305K
-6.2%
2 $439K$414.5K
-5.6%
3 $568.2K$572.3K
+0.7%
4 $708.5K$595K
-16.0%
5+ $942.5K$950K
+0.8%

Summary: Tillamook County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Counties

Clatsop County
+2.5%
Washington County
+2.2%
Yamhill County
0.3%
Polk County
-3.3%
Tillamook County
-6.7%

Housing Supply in Tillamook County, OR

How many homes are available in Tillamook County, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
196183-6.6%

Summary: The Tillamook County real estate market had 183 homes for sale in November 2024, a 6.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 79
+28.6%
2 3335
+6.1%
3 9781
-16.5%
4 4847
-2.1%
5+ 1111
0.0%

Summary: The Tillamook County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23230.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tillamook County, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Tillamook County in November 2024, the same as the previous month. Of the 23 sold homes, 74% were sold under asking, 17% were sold at asking, and 9% 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

Nov 2023Nov 2024CHANGE
62 Days77 Days+23.8%

Summary: Homes in Tillamook County had an average of 77 days on market in Nov 2024, up by 23.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tillamook County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in Tillamook County; 52% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Tillamook County, OR

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