$175,000
0.27 Acres
Land
Deidra Ripsom, Listing Office: Homestead Co.
Is Wallowa 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, Wallowa County was a Seller's Market.
Key Takeaway
Wallowa County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Wallowa County, OR
How much do homes in Wallowa County, OR cost?
Median Sold Price
$400,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+3.4%)
Key Takeaway
Homes in Wallowa County have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Wallowa County was $400,000 in October 2024, up 3.4% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $347.8K | +17.9% |
| 2 Bedrooms | $270.7K | $339.5K | +25.4% |
| 3 Bedrooms | $400K | $442.5K | +10.6% |
| 4 Bedrooms | $459K | $574.7K | +25.2% |
| 5+ Bedrooms | $509K | - | N/A |
Summary: Wallowa County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes did not change.
Housing Supply in Wallowa County, OR
How many homes are available in Wallowa County, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 69 | +3.0% |
Summary: The Wallowa County real estate market had 69 homes for sale in October 2024, a 3.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 38 | 38 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Wallowa County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
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 Wallowa County, 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 Wallowa County in October 2024, up by 100.0% 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 Wallowa County, OR
How long does it take to sell a home in Wallowa County, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 105 Days | +118.1% |
Summary: Homes in Wallowa County had an average of 105 days on market in Oct 2024, up by 118.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wallowa County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Wallowa County; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 40% 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.