$7,113 Closing Credit*
$599,000
2,020 SqFt
3 Beds
•2 Full Baths
Natalie Quandt, Listing Office: John L. Scott
Is Yamhill, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Yamhill was a Buyer's Market.
Key Takeaway
Yamhill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Yamhill, OR
How much do homes in Yamhill, OR cost?
Median Sold Price
$588,500
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$118,500(-16.8%)
Key Takeaway
Homes in Yamhill have sold for 16.8% less than they did a year ago.
Summary: The median home sold price in Yamhill was $588,500 in October 2024, down 16.8% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $309K | N/A |
| 2 Bedrooms | $350K | - | N/A |
| 3 Bedrooms | $470K | $550K | +17.0% |
| 4 Bedrooms | $945K | $724.9K | -23.3% |
| 5+ Bedrooms | $813.5K | $856K | +5.2% |
Summary: Yamhill 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 did not change, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Yamhill, OR
How many homes are available in Yamhill, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Yamhill real estate market had 25 homes for sale in October 2024, a 7.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Yamhill 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 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 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 Yamhill, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Yamhill in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Yamhill, OR
How long does it take to sell a home in Yamhill, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 82 Days | +727.5% |
Summary: Homes in Yamhill had an average of 82 days on market in Oct 2024, up by 727.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yamhill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Yamhill; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.