$7,433 Closing Credit*
$625,950
1,060 SqFt
2 Beds
•2 Full Baths
Tamiko Warren, Tasha Cook, Listing Office: Real Broker
Is Willamette Heights, 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, Willamette Heights was a Buyer's Market.
Key Takeaway
Willamette Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willamette Heights, OR
How much do homes in Willamette Heights, OR cost?
Median Sold Price
$725,000
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$37,500(-4.9%)
Key Takeaway
Homes in Willamette Heights have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Willamette Heights was $725,000 in November 2024, down 4.9% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $408.2K | $406.2K | -0.5% |
| 2 Bedrooms | $682.5K | $671K | -1.7% |
| 3 Bedrooms | $862.5K | $799.9K | -7.3% |
| 4 Bedrooms | $1.5M | $927K | -39.2% |
| 5+ Bedrooms | $1.3M | $1.5M | +16.2% |
Summary: Willamette Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 39.2%, and 5+ bedroom homes increased by 16.2%.
Housing Supply in Willamette Heights, OR
How many homes are available in Willamette Heights, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Willamette Heights real estate market had 26 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Willamette Heights 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 decreased by 14.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willamette Heights, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Willamette Heights in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Willamette Heights, OR
How long does it take to sell a home in Willamette Heights, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 41 Days | +945.0% |
Summary: Homes in Willamette Heights had an average of 41 days on market in Nov 2024, up by 945% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Willamette Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Willamette Heights; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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