Is Linn County, 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, Linn County has remained a Seller's Market.
Housing Prices in Linn County, OR
How much do homes in Linn County, OR cost?
Median Sold Price
$400,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Linn County was $400,000 in April 2024, up 1.1% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190.2K | $210K | +10.4% |
2 Bedrooms | $318.9K | $300K | -5.9% |
3 Bedrooms | $390K | $395K | +1.3% |
4 Bedrooms | $480K | $458.8K | -4.4% |
5+ Bedrooms | $520K | $540K | +3.8% |
Summary: Linn County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Counties
Linn County | $395.6K | $400K | +1.1% |
Lane County | $450.9K | $452.5K | 0.3% |
Marion County | $439.9K | $440.3K | 0.1% |
Polk County | $473.6K | $444.3K | -6.2% |
Housing Supply in Linn County, OR
How many homes are available in Linn County, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
208 | 227 | +9.1% |
Summary: The Linn County real estate market had 227 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 27 | 28 | +3.7% |
3 Bedrooms | 119 | 127 | +6.7% |
4 Bedrooms | 50 | 56 | +12.0% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Linn County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 45 | +12.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Linn County in April 2024, up by 12.5% month-over-month. Of the 45 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for Linn County, OR
How long does it take to sell a home in Linn County, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 45 Days | +4.3% |
Summary: Homes in Linn County had an average of 45 days on market in Apr 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Linn County; 58% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.