$4,679 Closing Credit*
$394,000
1,321 SqFt
3 Beds
•2 Full Baths
Lorin Karge, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
Is Vernonia, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Vernonia was a Neutral Market.
Key Takeaway
Vernonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vernonia, OR
How much do homes in Vernonia, OR cost?
Median Sold Price
$415,750
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,500(-3.6%)
Key Takeaway
Homes in Vernonia have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Vernonia was $415,750 in November 2024, down 3.6% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $245K | +157.9% |
| 2 Bedrooms | $271.5K | $314.7K | +15.9% |
| 3 Bedrooms | $431.2K | $415.3K | -3.7% |
| 4 Bedrooms | $460K | $552.5K | +20.1% |
| 5+ Bedrooms | $479.9K | $585K | +21.9% |
Summary: Vernonia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 157.9%, 2 bedroom homes increased by 15.9%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 21.9%.
Housing Supply in Vernonia, OR
How many homes are available in Vernonia, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The Vernonia real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Vernonia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vernonia, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Vernonia in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Vernonia, OR
How long does it take to sell a home in Vernonia, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 58 Days | +55.4% |
Summary: Homes in Vernonia had an average of 58 days on market in Nov 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vernonia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Vernonia; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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