Is Wasco County, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wasco County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Wasco County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wasco County, OR

How much do homes in Wasco County, OR cost?

Median Sold Price

$400,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,850(+2.3%)

Key Takeaway

Homes in Wasco County have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Wasco County was $400,000 in April 2024, up 2.3% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $235K$197.5K
-16.0%
2 $322.5K$305K
-5.4%
3 $399.9K$411K
+2.8%
4 $449K$429K
-4.5%
5+ $585K$480.5K
-17.9%

Summary: Wasco County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 17.9%.

Median Sold Price Compared To Nearby Counties

Wasco County
+2.3%
Hood River County
0.3%
Sherman County
-2.8%

Housing Supply in Wasco County, OR

How many homes are available in Wasco County, OR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7695+25.0%

Summary: The Wasco County real estate market had 95 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 53
-40.0%
2 1017
+70.0%
3 3852
+36.8%
4 1920
+5.3%
5+ 43
-25.0%

Summary: The Wasco County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 70%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1217+41.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wasco County, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Wasco County in April 2024, up by 41.7% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.

Days on Market for Wasco County, OR

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

Average Sale Time

Apr 2023Apr 2024CHANGE
61 Days45 Days-24.8%

Summary: Homes in Wasco County had an average of 45 days on market in Apr 2024, down by 24.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 17 homes were sold in Wasco County; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% 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 9 Days Ago

Newest Listings in Wasco County, OR

Nearby Markets to Wasco County, OR

What housing markets are near Wasco County, OR?