Is Oroville, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oroville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Oroville has remained a Buyer's Market.

Key Takeaway

Oroville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Oroville, WA

How much do homes in Oroville, WA cost?

Median Sold Price

$291,500

$239/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$6,500(+2.3%)

Key Takeaway

Homes in Oroville have sold for 2.3% more than they did a month ago.

Summary: The median home sold price in Oroville was $291,500 in November 2024, up 2.3% from last month, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $345K$685K
+98.6%
3 $225K$284.7K
+26.6%
4 --
N/A
5+ --
N/A

Summary: Oroville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 98.6%, 3 bedroom homes increased by 26.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oroville, WA

How many homes are available in Oroville, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4543-4.4%

Summary: The Oroville real estate market had 43 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 99
0.0%
3 2422
-8.3%
4 55
0.0%
5+ 22
0.0%

Summary: The Oroville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oroville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Oroville in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Oroville, WA

How long does it take to sell a home in Oroville, WA?

Average Sale Time

Oct 2024Nov 2024CHANGE
79 Days61 Days-22.9%

Summary: Homes in Oroville had an average of 61 days on market in Nov 2024, down by 22.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Oroville; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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

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