Is Eastside, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Eastside has remained a Seller's Market.
Key Takeaway
Eastside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastside, OR
How much do homes in Eastside, OR cost?
Median Sold Price
$425,000
$240/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Eastside has remained the same since last year.
Summary: The median home sold price in Eastside was $425,000 in April 2024, the same as last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $228.5K | +90.4% |
| 2 Bedrooms | $313.1K | $280K | -10.6% |
| 3 Bedrooms | $415K | $440K | +6.0% |
| 4 Bedrooms | $521.5K | $450K | -13.7% |
| 5+ Bedrooms | $532.4K | $559.5K | +5.1% |
Summary: Eastside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90.4%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Melrose | $555K | $605K | +9.0% |
| Coos Bay | $323.8K | $330K | +1.9% |
| Eastside | $425K | $425K | 0.0% |
| North Bayside | $416K | $369.9K | -11.1% |
Housing Supply in Eastside, OR
How many homes are available in Eastside, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The Eastside real estate market had 26 homes for sale in April 2024, a 30.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Eastside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 55.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastside, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Eastside in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Eastside, OR
How long does it take to sell a home in Eastside, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 80 Days | +46.2% |
Summary: Homes in Eastside had an average of 80 days on market in Apr 2024, up by 46.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eastside has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Eastside; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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