Is Roseburg, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roseburg is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Roseburg was a Buyer's Market.

Key Takeaway

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

Housing Prices in Roseburg, OR

How much do homes in Roseburg, OR cost?

Median Sold Price

$359,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,000(+5.6%)

Key Takeaway

Homes in Roseburg have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Roseburg was $359,000 in April 2024, up 5.6% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120K$90K
-25.0%
2 $234K$265.7K
+13.5%
3 $347.5K$359.4K
+3.4%
4 $400K$441.2K
+10.3%
5+ $470K$418K
-11.1%

Summary: Roseburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 11.1%.

Median Sold Price Compared To Nearby Cities

Roseburg
+5.6%
North Umpqua
+5.0%

Housing Supply in Roseburg, OR

How many homes are available in Roseburg, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
176194+10.2%

Summary: The Roseburg real estate market had 194 homes for sale in April 2024, a 10.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 1918
-5.3%
3 101119
+17.8%
4 4442
-4.5%
5+ 912
+33.3%

Summary: The Roseburg 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 decreased by 5.3%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5035-30.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roseburg, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Roseburg in April 2024, down by 30.0% month-over-month. Of the 35 sold homes, 49% were sold under asking, 17% were sold at asking, and 34% were sold over asking.

Days on Market for Roseburg, OR

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

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days34 Days-40.0%

Summary: Homes in Roseburg had an average of 34 days on market in Apr 2024, down by 40% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 35 homes were sold in Roseburg; 69% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 11% 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 8 Days Ago

Newest Listings in Roseburg, OR

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