$4,982 Closing Credit*
$419,500
1,598 SqFt
4 Beds
•2 Full Baths
Gary Eckdahl, Listing Office: Bella Casa Real Estate Group
Is Willamina, 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, Willamina was a Neutral 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
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$37,450(-9.7%)
Key Takeaway
Homes in Willamina have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in Willamina was $347,500 in November 2024, down 9.7% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $212.5K | N/A |
| 2 Bedrooms | $525K | $300K | -42.9% |
| 3 Bedrooms | $367.5K | $345K | -6.1% |
| 4 Bedrooms | $580K | $392.2K | -32.4% |
| 5+ Bedrooms | $637.5K | $554.7K | -13.0% |
Summary: Willamina housing prices by bedroom type for November 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 32.4%, and 5+ bedroom homes decreased by 13%.
Median Sold Price Compared To Nearby Cities
| Sheridan | $375K | $369.9K | -1.3% |
| Willamina | $350K | $341.1K | -2.5% |
| Willamina | $384.9K | $347.5K | -9.7% |
Housing Supply in Willamina, OR
How many homes are available in Willamina, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 30 | -18.9% |
Summary: The Willamina real estate market had 30 homes for sale in November 2024, a 18.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Willamina housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willamina, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Willamina in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 57 Days | +24.3% |
Summary: Homes in Willamina had an average of 57 days on market in Nov 2024, up by 24.3% compared to last year.
Breakdown of Home Sale Times
7 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 November 2024, 10 homes were sold in Willamina; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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