$5,914 Closing Credit*
$498,000
2,039 SqFt
Lyndsey Lord, Listing Office: Move Real Estate Inc
Is Troutdale, 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, Troutdale has remained a Seller's Market.
Key Takeaway
Troutdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Troutdale, OR
How much do homes in Troutdale, OR cost?
Median Sold Price
$499,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,100(+8.5%)
Key Takeaway
Homes in Troutdale have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Troutdale was $499,000 in October 2024, up 8.5% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $485K | $520K | +7.2% |
| 3 Bedrooms | $440K | $479.9K | +9.1% |
| 4 Bedrooms | $498K | $537K | +7.8% |
| 5+ Bedrooms | $515K | $575K | +11.7% |
Summary: Troutdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in Troutdale, OR
How many homes are available in Troutdale, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 49 | -2.0% |
Summary: The Troutdale real estate market had 49 homes for sale in October 2024, a 2.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 35 | 30 | -14.3% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Troutdale 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
5 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 Troutdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Troutdale in October 2024, down by 23.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Troutdale, OR
How long does it take to sell a home in Troutdale, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 33 Days | -10.4% |
Summary: Homes in Troutdale had an average of 33 days on market in Oct 2024, down by 10.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Troutdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Troutdale; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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.