$7,689 Closing Credit*
$647,500
1,611 SqFt
3 Beds
•2 Full Baths
Eddie Knippel, Dawn Knippel, Listing Office: MORE Realty
Is Washington County, 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, Washington County has remained a Seller's Market.
Key Takeaway
Washington County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Washington County, OR
How much do homes in Washington County, OR cost?
Median Sold Price
$587,231
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,336(+3.0%)
Key Takeaway
Homes in Washington County have sold for 3% more than they did a year ago.
Summary: The median home sold price in Washington County was $587,231 in October 2024, up 3% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255.9K | $243.8K | -4.7% |
| 2 Bedrooms | $384.9K | $388K | +0.8% |
| 3 Bedrooms | $525.1K | $535K | +1.9% |
| 4 Bedrooms | $689.7K | $692.9K | 0.5% |
| 5+ Bedrooms | $848.1K | $857.2K | +1.1% |
Summary: Washington County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Counties
| Washington County | $569.8K | $587.2K | +3.0% |
| Columbia County | $445K | $450.4K | +1.2% |
| Yamhill County | $479.8K | $485.1K | +1.1% |
| Multnomah County | $499.9K | $503.6K | +0.7% |
| Tillamook County | $546K | $514.6K | -5.7% |
Housing Supply in Washington County, OR
How many homes are available in Washington County, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,614 | 2,601 | -0.5% |
Summary: The Washington County real estate market had 2,601 homes for sale in October 2024, a 0.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 41 | 50 | +22.0% |
| 2 Bedrooms | 358 | 359 | 0.3% |
| 3 Bedrooms | 971 | 991 | +2.1% |
| 4 Bedrooms | 874 | 827 | -5.4% |
| 5+ Bedrooms | 370 | 374 | +1.1% |
Summary: The Washington County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 1.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 542 | 549 | +1.3% |
Asking Price vs. Sold Price
212 Homes Were Sold
Under Asking
192 Homes Were Sold
At Asking
145 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington County, you may be able to get a good deal. 38.6% of homes here sold below asking price last month.
Summary: A total of 549 homes were sold or pending in Washington County in October 2024, up by 1.3% month-over-month. Of the 549 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.
Days on Market for Washington County, OR
How long does it take to sell a home in Washington County, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 50 Days | +57.4% |
Summary: Homes in Washington County had an average of 50 days on market in Oct 2024, up by 57.4% compared to last year.
Breakdown of Home Sale Times
287 Homes Were Sold
Under 30 Days
162 Homes Were Sold
In 30 - 90 Days
100 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Washington County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 549 homes were sold in Washington County; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 18% 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.