$3,729 Closing Credit*
$314,000
690 SqFt
1 Bed
•1 Full Bath
Lucy Hebert, Listing Office: West Valley Realty
Is Willamina, 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, Willamina has remained a Seller's Market.
Key Takeaway
Willamina is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willamina, OR
How much do homes in Willamina, OR cost?
Median Sold Price
$347,500
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$32,450(-8.5%)
Key Takeaway
Homes in Willamina have sold for 8.5% less than they did a year ago.
Summary: The median home sold price in Willamina was $347,500 in October 2024, down 8.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $212.5K | N/A |
| 2 Bedrooms | $525K | $300K | -42.9% |
| 3 Bedrooms | $367.5K | $345K | -6.1% |
| 4 Bedrooms | $472.5K | $400K | -15.3% |
| 5+ Bedrooms | $637.5K | $649.5K | +1.9% |
Summary: Willamina housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Sheridan | $375K | $369.9K | -1.3% |
| Willamina | $350K | $339.9K | -2.9% |
| Willamina | $379.9K | $347.5K | -8.5% |
Housing Supply in Willamina, OR
How many homes are available in Willamina, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Willamina real estate market had 35 homes for sale in October 2024, a 12.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Willamina 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willamina, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Willamina in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Willamina, OR
How long does it take to sell a home in Willamina, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 152 Days | 48 Days | -68.6% |
Summary: Homes in Willamina had an average of 48 days on market in Oct 2024, down by 68.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Willamina are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Willamina; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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.