Is Rockcreek, 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, Rockcreek has remained a Seller's Market.
Housing Prices in Rockcreek, OR
How much do homes in Rockcreek, OR cost?
Median Sold Price
$643,000
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rockcreek was $643,000 in April 2024, up 5% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $280K | 0.0% |
2 Bedrooms | $390.4K | $369K | -5.5% |
3 Bedrooms | $569.7K | $557.5K | -2.2% |
4 Bedrooms | $730K | $731K | 0.1% |
5+ Bedrooms | $927K | $929.9K | 0.3% |
Summary: Rockcreek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
Rockcreek | $612.6K | $643K | +5.0% |
Hillsboro | $515K | $536.5K | +4.2% |
Beaverton-Hillsboro | $568.3K | $571.6K | +0.6% |
Portland West | $625.1K | $625K | 0% |
Beaverton | $538.2K | $533.3K | -0.9% |
Housing Supply in Rockcreek, OR
How many homes are available in Rockcreek, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
229 | 234 | +2.2% |
Summary: The Rockcreek real estate market had 234 homes for sale in April 2024, a 2.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 45 | 40 | -11.1% |
3 Bedrooms | 71 | 75 | +5.6% |
4 Bedrooms | 65 | 77 | +18.5% |
5+ Bedrooms | 42 | 37 | -11.9% |
Summary: The Rockcreek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 11.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 49 | -23.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Rockcreek in April 2024, down by 23.4% month-over-month. Of the 49 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.
Days on Market for Rockcreek, OR
How long does it take to sell a home in Rockcreek, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 27 Days | +6.1% |
Summary: Homes in Rockcreek had an average of 27 days on market in Apr 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in Rockcreek; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.