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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrenton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Warrenton, OR

How much do homes in Warrenton, OR cost?

Median Sold Price

$515,000

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$20,000(-3.7%)

Key Takeaway

Homes in Warrenton have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Warrenton was $515,000 in October 2024, down 3.7% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $205K$303.7K
+48.2%
2 $375K$440K
+17.3%
3 $526.5K$525K
-0.3%
4 $620K$529K
-14.7%
5+ $882.5K$690K
-21.8%

Summary: Warrenton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.2%, 2 bedroom homes increased by 17.3%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 21.8%.

Housing Supply in Warrenton, OR

How many homes are available in Warrenton, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4649+6.5%

Summary: The Warrenton real estate market had 49 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2427
+12.5%
4 1716
-5.9%
5+ 22
0.0%

Summary: The Warrenton 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 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warrenton, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Warrenton in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.

Days on Market for Warrenton, OR

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

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days55 Days+20.5%

Summary: Homes in Warrenton had an average of 55 days on market in Oct 2024, up by 20.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Warrenton; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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

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