Is Tualatin, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tualatin is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Tualatin has remained a Seller's Market.

Key Takeaway

Tualatin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tualatin, OR

How much do homes in Tualatin, OR cost?

Median Sold Price

$635,950

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,500(-1.8%)

Key Takeaway

Homes in Tualatin have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Tualatin was $635,950 in October 2024, down 1.8% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$199.9K
N/A
2 $316.2K$317.5K
0.4%
3 $585K$574K
-1.9%
4 $762.5K$675K
-11.5%
5+ $874K$857.4K
-1.9%

Summary: Tualatin 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 0.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Cities

Tigard
+1.6%
King City
0.0%
Tualatin
-1.8%

Housing Supply in Tualatin, OR

How many homes are available in Tualatin, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
136114-16.2%

Summary: The Tualatin real estate market had 114 homes for sale in October 2024, a 16.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1820
+11.1%
3 4643
-6.5%
4 5234
-34.6%
5+ 2017
-15.0%

Summary: The Tualatin 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 11.1%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 34.6%, and 5+ bedroom homes decreased by 15%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2930+3.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tualatin, expect to pay close to the asking price. 36.7% of homes here sold near the asking price last month.

Summary: A total of 30 homes were sold or pending in Tualatin in October 2024, up by 3.4% month-over-month. Of the 30 sold homes, 27% were sold under asking, 37% were sold at asking, and 37% were sold over asking.

Days on Market for Tualatin, OR

How long does it take to sell a home in Tualatin, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days71 Days+124.2%

Summary: Homes in Tualatin had an average of 71 days on market in Oct 2024, up by 124.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 30 homes were sold in Tualatin; 60% of homes were sold within 30 days, 10% 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 16 Days Ago

Newest Listings in Tualatin, OR

Nearby Markets to Tualatin, OR

What housing markets are near Tualatin, OR?