Is Yamhill County, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yamhill County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Yamhill County has remained a Seller's Market.

Key Takeaway

Yamhill County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Yamhill County, OR

How much do homes in Yamhill County, OR cost?

Median Sold Price

$485,150

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,272(+1.1%)

Key Takeaway

Homes in Yamhill County have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Yamhill County was $485,150 in October 2024, up 1.1% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $386.7K$212.5K
-45.1%
2 $370K$375K
+1.4%
3 $459.9K$465K
+1.1%
4 $569.9K$577.1K
+1.3%
5+ $695K$682.5K
-1.8%

Summary: Yamhill County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.1%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Counties

Washington County
+3.0%
Clackamas County
+2.5%
Yamhill County
+1.1%
Tillamook County
-5.7%
Polk County
-6.2%

Housing Supply in Yamhill County, OR

How many homes are available in Yamhill County, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4664670.2%

Summary: The Yamhill County real estate market had 467 homes for sale in October 2024, a 0.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 2830
+7.1%
3 253247
-2.4%
4 132141
+6.8%
5+ 5045
-10.0%

Summary: The Yamhill County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7980+1.3%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yamhill County, you may be able to get a good deal. 38.8% of homes here sold below asking price last month.

Summary: A total of 80 homes were sold or pending in Yamhill County in October 2024, up by 1.3% month-over-month. Of the 80 sold homes, 39% were sold under asking, 30% were sold at asking, and 31% were sold over asking.

Days on Market for Yamhill County, OR

How long does it take to sell a home in Yamhill County, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days42 Days-14.3%

Summary: Homes in Yamhill County had an average of 42 days on market in Oct 2024, down by 14.3% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yamhill County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 80 homes were sold in Yamhill County; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Yamhill County, OR

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