$5,759 Closing Credit*
$485,000
2,000 SqFt
3 Beds
•2 Full Baths
Nick Shivers, Philip Triem, Listing Office: Keller Williams PDX Central
Is Wilkes, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wilkes has remained a Seller's Market.
Key Takeaway
Wilkes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilkes, OR
How much do homes in Wilkes, OR cost?
Median Sold Price
$460,000
$279/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Wilkes has remained the same since last year.
Summary: The median home sold price in Wilkes was $460,000 in November 2024, the same as last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $272K | $232K | -14.7% |
| 2 Bedrooms | $384.5K | $415K | +7.9% |
| 3 Bedrooms | $475K | $465K | -2.1% |
| 4 Bedrooms | $545K | $557.1K | +2.2% |
| 5+ Bedrooms | $480K | $535K | +11.5% |
Summary: Wilkes housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes increased by 7.9%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in Wilkes, OR
How many homes are available in Wilkes, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 54 | -14.3% |
Summary: The Wilkes real estate market had 54 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 25 | 27 | +8.0% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 13 | 8 | -38.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Wilkes housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
6 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 Wilkes, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Wilkes in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Wilkes, OR
How long does it take to sell a home in Wilkes, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 49 Days | -3.8% |
Summary: Homes in Wilkes had an average of 49 days on market in Nov 2024, down by 3.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wilkes has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Wilkes; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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