Is Scappoose, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Scappoose was a Seller's Market.
Key Takeaway
Scappoose is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Scappoose, OR
How much do homes in Scappoose, OR cost?
Median Sold Price
$485,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Scappoose have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Scappoose was $485,000 in May 2024, up 3.2% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.5K | $170K | +11.5% |
| 2 Bedrooms | $367.8K | $376.2K | +2.3% |
| 3 Bedrooms | $460K | $463.8K | +0.8% |
| 4 Bedrooms | $527.5K | $535K | +1.4% |
| 5+ Bedrooms | $592.5K | $707.5K | +19.4% |
Summary: Scappoose housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 19.4%.
Housing Supply in Scappoose, OR
How many homes are available in Scappoose, OR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 45 | +4.7% |
Summary: The Scappoose real estate market had 45 homes for sale in May 2024, a 4.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 13 | 19 | +46.2% |
| 4 Bedrooms | 16 | 9 | -43.8% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Scappoose housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 46.2%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scappoose, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Scappoose in May 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Scappoose, OR
How long does it take to sell a home in Scappoose, OR?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 13 Days | -8.1% |
Summary: Homes in Scappoose had an average of 13 days on market in May 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scappoose are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Scappoose; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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